Suppose the economy is at the natural real GDP. Changing macroeconomic policy to lower the interest rate while not affecting output means shifting the IS curve to the ________ and the LM curve to the ________
A) right, right
B) right, left
C) left, right
D) left, left
C
Economics
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The bulk of the decline in the natural rate of unemployment from 1980 to 2000 is because of
A) a decline in the inflation rate. B) a decline in the share of young workers in the labor force. C) increased competition from foreign workers. D) the depreciation of the dollar relative to foreign currencies.
Economics
In the constant-growth dividend valuation model, the required rate of return on common stock (i.e., cost of equity capital) can be shown to be equal to the sum of the dividend yield plus the ____
a. yield-to-maturity b. present value yield c. risk-free rate d. dividend growth rate e. none of the above
Economics