If the Economy Is on the IS Curve,but Is to the Right

question 63

Multiple Choice

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

---

Definitions:

Militia

A military force that is raised from the civil population to supplement a regular army in an emergency.

Maryland Act

Legislation specific to the state of Maryland, often requiring more context to define its purpose or scope, as many acts could carry this name.

Anthony Johnson

An African American who became one of the first African property owners and one of the first to have his right to own a slave legally recognized in the British American colonies.