In the IS-LM Model, assuming downward sloping IS curve and upward sloping LM curve; increase in consumers' wealth is going to
A) cause a movement along the IS curve.
B) cause a rightward shift of the IS curve.
C) cause a leftward shift of the LM curve.
D) cause a rightward shift of the LM curve.
B
Economics
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What will be an ideal response?
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An expansionary policy does not alter: a. the price level in the short run
b. aggregate demand in the short run. c. inflation in the long run. d. unemployment in the long run.
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