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 c; an increase in the use of credit cards
B) point b; an increase in real GDP
C) point b; an increase in the nominal interest rate
D) point e; an increase in U.S. exports
Correct Answer:

Verified
Correct Answer:
Verified
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