Figure 4-8 -If Figure Above Is to Show the Result of a Result

question 58

Multiple Choice

Figure 4-8
-If Figure above is to show the result of a "fully accommodating" monetary policy following a shift of the IS curve from IS0 to IS1, what is the initial level of real income and interest rate before these changes?

• A) 3500; 7.5%.
• B) 4500; 12.5%.
• C) 5500; 7.5%.
• D) 4500; 2.5%.

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