. if the federal reserve raises interest rates in an autonomous tightening . a) the mp curve shifts up, there is an upward movement along the is curve, and the ad curve shifts to the left to a lower level of equilibrium output b) the mp curve shifts down, there is a downward movement along the is curve and the ad curve shifts to the right to a higher level of equilibrium output c) the mp curve shifts up, there is a downward movement along the is curve and the ad curve shifts to the right to a lower level of equilibrium output d) the mp curve shifts down, there is an upward movement along the is curve and the ad curve shifts to the left to a higher level of equilibrium output Get the answer
Category: ecology | Author: Sagi Boris