Multiple Choice
-Use the figure above to answer this question. Suppose the economy is operating at point a. A move to ________ could be explained by ________.
A) point e; a decrease in the nominal interest rate
B) point c; an increase in the nominal interest rate
C) point d; an increase in real GDP
D) point b; an increase in real GDP
Correct Answer:

Verified
Correct Answer:
Verified
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