Multiple Choice
From any point above the current LM curve,money market equilibrium can be restored by some combination of a ________ income and a ________ interest rate.
A) higher,higher
B) higher,lower
C) lower,higher
D) lower,lower
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q20: Which of the following would shift the
Q21: A change in the multiplier (k)will change
Q22: Suppose the Fed changes the interest rate
Q23: If spending is NOT responsive to changes
Q24: A vertical IS curve comes from the
Q26: A "easy" money,tight "fiscal" policy combination will
Q27: If the interest rate were to rise,we
Q28: A flat LM curve implies that<br>A)an increase
Q29: One of the major chains of causation
Q30: The money supply is controlled by the<br>A)New