-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 c; an increase in the nominal interest rate
B) point d; an increase in real GDP
C) point b; an increase in real GDP
D) point e; a decrease in the nominal interest rate

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 c; an increase in the nominal interest rate 
B) point d; an increase in real GDP 
C) point b; an increase in real GDP 
D) point e; a decrease in the nominal interest rate

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 c; an increase in the nominal interest rate 
B) point d; an increase in real GDP 
C) point b; an increase in real GDP 
D) point e; a decrease in the nominal interest rate

-Use the Figure Above to Answer This Question