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Suppose Individuals Now Believe That There Will Be an Increase

Question 1

Multiple Choice

Suppose individuals now believe that there will be an increase in the future expected interest rate.This increase in the expected future interest rate will cause which of the following to occur in the current period?


A) an upward shift of the LM curve
B) a leftward shift of the IS curve
C) the IS curve to become flatter
D) the LM curve to become steeper
E) none of the above

Correct Answer:

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