Figure 4-6 -In Figure 4-6 Above,with IS₀ Shifting to IS₁ Against the to IS₁

Multiple Choice

Figure 4-6

-In Figure 4-6 above,with IS₀ shifting to IS₁ against the upward-sloping LM curve,at point 1

A) there is an excess demand for money.
B) there is an excess supply of money.
C) the demand for output exceeds Y₁.
D) the demand for output is below Y₁.