In the context of the IS/LM model, with the interest rate on the vertical axis, an increase in the marginal propensity to consume will.

  1. In the context of the IS/LM model, with the interest rate on the vertical axis, an increase in the marginal propensity to consume will….
  2. A) increase the slope of the IS curve
  3. B) decrease the slope of the IS curve.
  4. C) increase the slope of the LM curve.
  5. D) decrease the slope of the LM curve.