A higher nominal money supply is equally demanded, given each level of income, at a ________ interest rate, meaning that the LM curve has shifted to the ________

A) higher, left
B) higher, right
C) lower, left
D) lower, right

D

Economics

You might also like to view...

Why do people often tend to take risks if they are insured?

What will be an ideal response?

Economics

Following a tax cut by government, domestic investment will ________ and net exports will ________

A) increase; decrease B) decrease; decrease C) increase; increase D) decrease; increase

Economics