If the economy is on the IS curve,but is to the right of the LM curve,aggregate output will ________ and the interest rate will ________.
A) rise;rise
B) rise;fall
C) fall;rise
D) fall;fall
Correct Answer:
Verified
Q8: Everything else held constant,if aggregate output is
Q9: Everything else held constant,if aggregate output is
Q10: If the economy is on the LM
Q11: Macroeconomic equilibrium requires
A)equilibrium in the goods market.
B)equilibrium
Q12: Everything else held constant,if aggregate output is
Q14: Everything else held constant,if aggregate output is
Q15: The money market is in equilibrium
A)at any
Q16: When the IS and LM curves are
Q17: Everything else held constant,if aggregate output is
Q18: If the economy is on the IS
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