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    Macroeconomics Study Set 39
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    Exam 11: Aggregate Demand I: Building the Is-Lm Model
  5. Question
    An Increase in Income Raises Money ______ and ______ the Equilibrium
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An Increase in Income Raises Money ______ and ______ the Equilibrium

Question 12

Question 12

Multiple Choice

An increase in income raises money ______ and ______ the equilibrium interest rate.


A) demand; raises
B) demand; lowers
C) supply; raises
D) supply; lowers

Correct Answer:

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