In the Long-Run ISLM Model and with Everything Else Held

Multiple Choice

In the long-run ISLM model and with everything else held constant,as long as the level of output ________ the natural rate level,the price level will continue to ________,shifting the LM curve to the ________,until finally output is back at the natural rate level.

A) exceeds;rise;right
B) exceeds;rise;left
C) remains below;fall;left
D) remains below;rise;right