Multiple Choice
An increase in wealth
A) increases real money demand and the real interest rate,and shifts the LM curve up.
B) decreases real money demand and the real interest rate,and shifts the LM curve down.
C) increases real money demand and the real interest rate,but does not shift the LM curve.
D) decreases real money demand and the real interest rate,but does not shift the LM curve down.
Correct Answer:
Verified
Correct Answer:
Verified
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