Given the values in the table above, the IS curve is ________

How do you calculate the total consumer surplus in any market? It is the area

a. price times quantity b. above the supply curve and below the price c. beneath the demand curve d. beneath the demand curve and above the price e. below the supply curve and above the demand curve

The slope of the monetary policy reaction curve is determined by:

A. how strongly the economy reacts to changes in the nominal interest rate. B. how strongly the inflation rate impacts peoples' decisions. C. people's expectations for inflation. D. how aggressively policymakers change interest rates in response to deviations between current and target inflation rates.