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-In the Above Figure, If the Economy Is Initially at Point

question 176

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  -In the above figure, if the economy is initially at point d, the short-run effect of a cut in the federal funds rate is given by movement from point A)  d to point c, increasing output and decreasing the unemployment rate. B)  d to point b, keeping output and the unemployment rate constant. C)  d to point a, increasing output and decreasing the unemployment rate. D)  d to point b, increasing output and decreasing the unemployment rate.
-In the above figure, if the economy is initially at point d, the short-run effect of a cut in the federal funds rate is given by movement from point

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