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New technology makes it easier to access your money if needed, so agents in the economy demand less money in hand to complete their monthly transactions.

According to the IS/LM analysis what will happen to interest rates and output?

A

Interest rates rise and output falls.

B

Interest rates rise and output rises.

C

Interest rates fall and output falls.

D

Interest rates fall and output rises.

E

There is no change to interest rates and output.

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