Changes in monetary policy shift the LM curve, while changes in fiscal policy shift the IS curve.
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Q6: Any shift in IS or LM has
Q7: An increase in autonomous consumption leads to
Q8: If the price level falls, equilibrium output
Q9: The AD curve shifts in the same
Q10: An increase in the real money supply
Q12: An increase in autonomous consumption shifts the
Q13: During a financial panic, the LM curve
Q14: Crowding out requires a shift in the
Q15: When the LM curve is unstable, an
Q16: An increase in the interest rate causes
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