-In the above figure, the economy is at point A. An increase in oil prices occurs, after which the Reserve Bank responds by increasing the quantity of money. The economy moves from point A to
A)point C to point B.
B)point D to point C.
C)point B to point C.
D)point C to point D.

Question

-In the above figure, the economy is at point A. An increase in oil prices occurs, after which the Reserve Bank responds by increasing the quantity of money. The economy moves from point A to
A)point C to point B. 
B)point D to point C. 
C)point B to point C. 
D)point C to point D.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, the economy is at point A. An increase in oil prices occurs, after which the Reserve Bank responds by increasing the quantity of money. The economy moves from point A to
A)point C to point B. 
B)point D to point C. 
C)point B to point C. 
D)point C to point D.

-In the Above Figure, the Economy Is at Point A an Increase