An decrease in the velocity of money will shift the

a. IS curve up.
b. LM curve up.
c. LM curve down.
d. IS curve down.

B

Economics

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If utility is not maximized, then:

a. some change in consumption will increase satisfaction. b. no change in consumption will increase utility. c. only a change in income will increase utility. d. only a change in price will increase utility. e. the principle of diminishing marginal utility does not hold.

Economics

The more diversification savers have the:

A. more willing they are to save money, and the more economic growth can occur. B. less willing they are to save money, and the more economic growth can occur. C. more willing they are to save money, and the less economic growth can occur. D. less willing they are to save money, and the less economic growth can occur.

Economics