Question
In the IS-LM model with the nominal interest rate i on the vertical axis, if expected inflation becomes negative, then the: Select one: A. IS
In the IS-LM model with the nominal interest rate i on the vertical axis, if expected inflation becomes negative, then the:
Select one:
A.
IS curve shifts rightward.
B.
LM curve shifts leftward.
C.
IS curve shifts leftward.
D.
LM curve shifts rightward.
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Foundations of Mathematical Economics
Authors: Michael Carter
1st edition
262531925, 978-0262531924
