Multiple Choice
If the economy is on the IS curve,but is to the left of the LM curve,aggregate output will ________ and the interest rate will ________.
A) rise;rise
B) rise;fall
C) fall;rise
D) fall;fall
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q60: In the money market,a condition of excess
Q61: If the _ curve is relatively more
Q62: A decrease in the quantity of money
Q63: If the economy is on the IS
Q64: An increase in the quantity of money
Q66: An increase in the quantity of money
Q67: Which of the followings does NOT describe
Q68: An expansionary monetary policy shifts the LM
Q69: Show graphically and explain why targeting an
Q70: A decline in the money _ shifts