Within the IS–LM schedule model used in Chapters 6 and 7 , s how how income and the interest rate will be affected by each of the following changes: a. An increase in the required reserve ratio for...

Within the IS–LM schedule model used in Chapters 6 and 7 , s how how income and the interest rate will be affected by each of the following changes:

a. An increase in the required reserve ratio for checkable deposits.

b. An open-market sale of securities by the Federal Reserve.

c. A decrease in the Federal Reserve discount rate.