-In the above figure, if the economy is initially at point d, the short- run effect of a cut in the cash rate is given by the movement from point

Name: -In the above figure, if the economy is initially at point d, the short- run effect of a cut in the cash rate is given by the movement from point
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A cut in the cash rate typically lowers interest rates, stimulating investment and consumption, which increases output and decreases the unemployment rate, moving the economy from point d to point c.

-In the Above Figure, If the Economy Is Initially at Point