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From Any Point Below the Current LM Curve,money Market Equilibrium

Question 47

Multiple Choice

From any point below the current LM curve,money market equilibrium can be restored by some combination of a ________ income and a ________ interest rate that ________ the demand for money.


A) higher,higher,increases
B) higher,lower,increases
C) higher,lower,reduces
D) lower,higher,increases
E) lower,higher,reduces

Correct Answer:

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