In the following IS-LM figure, start from an initial equilibrium at point B. Suppose the country has a fixed exchange rate system. Then, if there is an increase in the use of credit cards then a new equilibrium will be established at ... H.

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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In the following IS-LM figure, start from an initial equilibrium at point B. Suppose the country has
a fixed exchange rate system. Then, if there is an increase in the use of credit cards then a new
equilibrium will be established at
H.
B
A) point N
B) point Q
С) point B
D) point D
Transcribed Image Text:In the following IS-LM figure, start from an initial equilibrium at point B. Suppose the country has a fixed exchange rate system. Then, if there is an increase in the use of credit cards then a new equilibrium will be established at H. B A) point N B) point Q С) point B D) point D
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