Question

Based on understanding of the IS-LM model that takes into account dynamics, a fall in bank rate policy will cause

Select one:

a. a decrease in interest and no change in output.

b. a no change in interest and increase in output.

c. an increase in interest and decrease in output.

d. a decrease in interest and increase in output.​

Answer 1

Explanation:

$\huge{\underline{\blue{\mathfrak{♡Answer♡}}}}$

an increase in interest and decrease in output.