In deriving the AD curve from the IS-LM model, an increase in the price level: a. shifts
Fantastic news! We've Found the answer you've been seeking!
Question:
In deriving the AD curve from the IS-LM model, an increase in the price level:
a. shifts up the LM curve.
b. shifts down the MP curve.
c. shifts the IS curve to the right.
d. shifts the IS curve to the left.
Posted Date: