In the IS-LM Model,assuming Downward Sloping IS Curve and Upward

question 21

Multiple Choice

In the IS-LM Model,assuming downward sloping IS curve and upward sloping LM curve;increase in consumers' wealth is going to

• A)cause a movement along the IS curve.
• B)cause a rightward shift of the IS curve.
• C)cause a leftward shift of the LM curve.
• D)cause a rightward shift of the LM curve.

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