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A Change in Income in the IS-LM Model for a Fixed

Question 50

Multiple Choice

A change in income in the IS-LM model for a fixed price


A) represents a shift in the aggregate demand curve.
B) represents a movement along the aggregate demand curve.
C) has the same effect on the aggregate demand curve as a change in income in the IS-LM model resulting from a change in the price level.
D) does not represent a change in the aggregate demand curve.

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