Refer to Figure 10.8. Other things equal, a decrease in the nominal money supply would best be represented by
A) a movement from point A to point C.
B) a movement from point A to point D.
C) a shift from LM1 to LM2.
D) a shift from LM2 to LM1.
D
Economics
You might also like to view...
Which of the following is NOT considered a receipt in the balance of payments?
A) exports of goods B) capital inflows C) import of services D) unilateral transfers to U.S. citizens
Economics
The amount of new output produced per year for both consumption and additions to capital stock is measured by:
A. GDP B. Net investment C. NDP D. Net exports
Economics