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If the South African Reserve Bank adopts a rule to accommodate supply shocks so that the change in interest rates, as a result of such
If the South African Reserve Bank adopts a rule to accommodate supply shocks so that the change in interest rates, as a result of such a shock, is not as great as it would have been, then, using an IS-LM approach, you would expect to see Select one: O a. a flatter aggregate supply curve when drawn in the price-output space. O b. a steeper aggregate demand curve when drawn in the price-output space. O c. a steeper aggregate supply curve when drawn in the price-output space. O d. a flatter aggregate demand curve when drawn in the price-output space
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