Suppose There Is an Increase in Expected Future Output

question 62

Multiple Choice

Suppose there is an increase in expected future output.This will cause which of the following to occur?

• A)the IS curve to shift left in the current period
• B)the IS curve to shift right in the current period
• C)the LM curve to shift up in the current period
• D)the LM curve to shift down in the current period

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Definitions:

Purpose

The underlying cause or intention behind an action, creation, or entity's existence.

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