Multiple Choice
A movement along an aggregate demand curve corresponds to a change in income in the IS-LM model ______, while a shift in an aggregate demand curve corresponds to a change in income in the IS-LM model ______.
A) resulting from a change in monetary policy; resulting from a change in fiscal policy
B) resulting from a change in fiscal policy; resulting from a change in monetary policy
C) at a given price level; resulting from a change in the price level
D) resulting from a change in the price level; at a given price level
Correct Answer:
Verified
Correct Answer:
Verified
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