-Use the figure above to answer this question. Suppose the economy is operating at point a. A move to ________ could be explained by ________.
A) point e; a decrease in the nominal interest rate
B) point c; an increase in the nominal interest rate
C) point d; an increase in real GDP
D) point b; an increase in real GDP

Question

-Use the figure above to answer this question. Suppose the economy is operating at point a. A move to ________ could be explained by ________.
A) point e; a decrease in the nominal interest rate 
B) point c; an increase in the nominal interest rate 
C) point d; an increase in real GDP 
D) point b; an increase in real GDP

Quizplus · Accepted Answer

The Answer of 
-Use the figure above to answer this question. Suppose the economy is operating at point a. A move to ________ could be explained by ________.
A) point e; a decrease in the nominal interest rate 
B) point c; an increase in the nominal interest rate 
C) point d; an increase in real GDP 
D) point b; an increase in real GDP

-Use the Figure Above to Answer This Question