Using the IS – LM framework, in which model would monetary policy be more effective (in terms of increasing the level of income)?. Using the IS – LM framework, in which model would monetary policy be more ÿÿÿÿÿeffective (in terms of increasing the level of income)? THINK IT THROUGHÿÿÿÿÿA. I = f (i) ÿÿÿÿÿÿÿÿÿÿÿÿS = f (Y)ÿÿÿÿÿÿÿÿÿG = GoÿÿÿÿÿB. I = f (i) ÿÿÿÿÿÿÿÿÿÿÿÿS = f (Y)ÿÿÿÿÿÿÿÿÿG = Go – g (i)Using the IS – LM framework, in which model would monetary policy produce larger ÿÿÿÿÿÿincome changes (per unit of monetary stimulus)? THINK IT THROUGHTx = TxoTx = To + tYÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿt > 0