Question: 2.Choose the correct statement:Immersive Reader (8 Points) A change in price in the IS-LM model resulting from a change in the income level represents a

2.Choose the correct statement:Immersive Reader

(8 Points)

A change in price in the IS-LM model resulting from a change in the income level represents a movement along the aggregate demand curve. A change in income in the IS-LM model for a given price level represents a shift in the aggregate demand curve.

A change in income in the IS-LM model resulting from a change in the price level represents a movement along the aggregate demand curve. A change in price in the IS-LM model for a given income level represents a shift in the aggregate demand curve.

A change in income in the IS-LM model resulting from a change in the price level represents a movement along the aggregate demand curve. A change in income in the IS-LM model for a given price level represents a shift in the aggregate demand curve.

A change in price in the IS-LM model resulting from a change in the income level represents a movement along the aggregate demand curve. A change in price in the IS-LM model for a given income level represents a shift in the aggregate demand curve.

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