Multiple Choice
Figure 4-8
-If Figure 4-8 above is to show the result of a "fully accommodating" monetary policy following a shift of the IS curve from IS₀ to IS₁,what is the initial level of real income and interest rate before these changes?
A) 3500;7.5%.
B) 4500;12.5%.
C) 5500;7.5%.
D) 4500;2.5%.
Correct Answer:

Verified
Correct Answer:
Verified
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