Multiple Choice
Refer to the following figure when answering the following questions.
Figure 11.5: IS Curve
-Consider Figure 11.5. If the economy initially is at its long-run equilibrium and the real interest rate increases, the economy moves from point ________ to point ________.
A) b; a
B) d; a
C) d; b
D) a; d
E) d; c
Correct Answer:

Verified
Correct Answer:
Verified
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