Refer to the figure below for the following questionsiioBOОЕEAYoDCLMoISOY Which point/s represent an equilibrium in the goods market?a. A onlyO b. A and DO c. A and CO d. All of the aboveWhich point/s represent an equilibrium in the money market?O a. A and DO b. All of the aboveO c. A onlyO d. A and CA decrease in autonomous spending will decrease the equilibrium interest rate.O a. False; keepO b. False; increaseO c. False; not affect because autonomous spending is not related to interest rateO d. True

IS-LM model: IS-LM model is widely used to denote the simultaneous equilibrium in product and money…

Answered: i io 0 ВО ОЕ E A Yo D C LMo ISO Y

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Economics

i io 0 ВО ОЕ E A Yo D C LMo ISO Y

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Which point/s represent an equilibrium in the goods market?
a. A only
O b. A and D
O c. A and C
O d. All of the above
Which point/s represent an equilibrium in the money market?
O a. A and D
O b. All of the above
O c. A only
O d. A and C
A decrease in autonomous spending will decrease the equilibrium interest rate.
O a. False; keep
O b. False; increase
O c. False; not affect because autonomous spending is not related to interest rate
O d. True

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