An increase in the money ________ shifts the LM curve to the ________, causing the interest rate to fall and output to rise, everything else held constant
A) demand; right
B) demand; left
C) supply; right
D) supply; left
C
Economics
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The change in price that results from a rightward shift in demand will be greater if
A) the supply curve is horizontal than if the supply curve is upward sloping. B) the supply curve is relatively steep than if the supply curve is relatively flat. C) the supply curve is upward sloping than if the supply curve is vertical. D) the supply curve is horizontal than if the supply curve is vertical.
Economics
The effect of a change in taxes is less than the same sized change in government purchases because...
What will be an ideal response?
Economics