Which of the following cause(s) shifts in the MP curve?
A)changes in monetary policy
B)consumer pessimism
C)business optimism
D)spending shocks

Name: Which of the following cause(s) shifts in the MP curve? A)changes in monetary policy B)consumer pessimism C)business optimism D)spending shocks
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Question

Quizplus · Accepted Answer

Changes in monetary policy directly affect the MP curve as it represents the relationship between the interest rate set by the central bank and the level of output.

Which of the Following Cause(s) Shifts in the MP Curve