If the price level increases so that the real money supply decreases,
A) the LM curve will shift to the left.
B) the IS curve will shift to the left.
C) the LM curve will shift to the right.
D) the slope of the LM curve will become more vertical.
Correct Answer:
Verified
Q20: An increase in the price level will
A)
Q21: A decrease in the price level will
A)
Q22: The LM curve tells us
A) the combinations
Q23: If the nominal money supply increases,
A) the
Q24: If the nominal money supply decreases,
A) the
Q26: If the price level decreases so that
Q27: If the baseline level of autonomous spending
Q28: If the baseline level of autonomous spending
Q29: If the level of government purchases increases,
A)
Q30: If the level of government purchases decreases,
A)
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