"Monetizing the deficit" is a policy combination of financing budget deficits resulting from expansionary fiscal policy, with newly printed money.

With this type of policy combination, what happens to the IS$-$LM curves?

Group of answer choices

IS shifts to the left, then LM shifts to the right

LM shifts to the right. IS stays put.

Both IS$,$ LM shift to the left

IS shifts to the right, then LM shifts to the left

Both IS$,$ LM shift to the right