-Refer to the above diagram, the location of curve B depends on the:

A) level of real GDP.
B) location of curve A only.
C) interest rate only.
D) both interest rate and, the location of curve A

Question

-Refer to the above diagram, the location of curve B depends on the:

A) level of real GDP. 
B) location of curve A only. 
C) interest rate only. 
D) both interest rate and, the location of curve A

Quizplus · Accepted Answer

The location of curve B depends on both the interest rate and the location of curve A, as these factors influence economic conditions and the positioning of economic curves.

-Refer to the Above Diagram, the Location of Curve B