Which of the following is NOT a function of money? i. unit of account ii. store of value iii. unit of debt

The LM curve slopes upward to the right because

A) the demand for money plus the demand for nonmoney assets must equal the supply of money plus the supply of nonmoney assets. B) a higher real interest rate is associated with a higher level of the output gap in money market equilibrium. C) a higher real interest rate is associated with a higher level of saving in goods market equilibrium. D) in equilibrium the actual real interest rate must increase one-for-one with expected real interest rate.

Only one out of five families that fall into poverty in one year are out of poverty in the following year

Indicate whether the statement is true or false