The MP curve shifts up shows the correct effect on the is-MP framework if there is a rise in home values and wealth in the economy.
The decisions made by central banks to affect the cost and accessibility of money in an economy are known as monetary policy. The key interest rates are often the subject of the European Central Bank's most significant decision in this area.
The monetary authority of a country adopts monetary policy to regulate the money supply or the interest rate due for very short-term borrowing, frequently in an effort to minimize inflation.
Open market operations are the most often employed monetary policy tool in the United States. In order to affect the amount of bank reserves, the central bank engages in open market operations when it sells or buys U.S. Treasury bonds.
To know more about monetary policy, refer:
https://brainly.com/question/29694955
#SPJ4
