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

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Definitions:

Chronic Illness

A long-duration, often permanent disease or condition that requires ongoing medical attention and management, significantly impacting the person's daily life.

Age Group

A classification of people based on their age, often used for statistical, social, and marketing purposes.

Arthritis

A group of painful and degenerative conditions marked by inflammation in the joints, leading to stiffness and pain.

Menopause

A natural biological process marking the end of a woman's reproductive years, characterized by the cessation of menstruation and changes in hormone levels.