An Increase in the Price Level

question 69

Multiple Choice

An increase in the price level

• A)decreases real money balances and shifts the LM curve down and to the right.
• B)increases real money balances and shifts the LM curve up and to the left.
• C)decreases real money balances and shifts the LM curve up and to the left.
• D)increases real money balances and shifts the LM curve down and to the right.

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