-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 use of credit cards
B) point b; an increase in real GDP
C) point b; an increase in the nominal interest rate
D) point e; an increase in U.S. exports

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 use of credit cards 
B) point b; an increase in real GDP 
C) point b; an increase in the nominal interest rate 
D) point e; an increase in U.S. exports

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 use of credit cards 
B) point b; an increase in real GDP 
C) point b; an increase in the nominal interest rate 
D) point e; an increase in U.S. exports

-Use the Figure Above to Answer This Question