Everything else held constant,if aggregate output is to the ________ of the LM curve,then there is an excess supply of money which will cause the interest rate to ________.
A)right;fall
B)right;rise
C)left;fall
D)left;rise

Question

Quizplus · Accepted Answer

When aggregate output is to the left of the LM curve, there is an excess supply of money, leading to a decrease in interest rates.

Everything Else Held Constant,if Aggregate Output Is to the ________