Moving upward along an LM curve, velocity ________ because ________ remains constant while ________ rises

A) rises, real balances, real income
B) rises, the interest rate, the price level
C) rises, the interest rate, real balances
D) falls, real balances, real income
E) falls, real income, real balances

A

Economics

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The Employment Act of 1946

a. implies that the government should avoid being a cause of economic fluctuations. b. implies that the government should respond to changes in the private economy to stabilize aggregate demand. c. reflected the ideas promoted in Keynes's influential book, The General Theory of Employment, Interest, and Money. d. All of the above are correct

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