Starting from equilibrium in the ISLM framework, a decrease in money demand results in
A) a rise in income and the interest rate.
B) a rise in income and a decline in the interest rate.
C) a decline in income and the interest rate.
D) a decline in income and a rise in the interest rate.
B
Economics
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Which of the following taxes is based on the benefits-received principle?
a. corporate income taxes b. personal income taxes c. property taxes d. gasoline excise taxes e. user fees that collect the same amount from each person
Economics
If you lived in Jamaica, you would know that Jamaican GDP less capital depreciation in Jamaica equals
a. Jamaican GNP b. Jamaican national income c. Jamaican NDP d. Jamaican NNP e. Jamaican net investment
Economics