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

question 12

Multiple Choice

Everything else held constant,if aggregate output is to the ________ of the LM curve,then there is an excess demand of money which will cause the interest rate to ________.

• A)right;fall
• B)right;rise
• C)left;fall
• D)left;rise

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Definitions:

Stores Information

Systems or services that are designed to save and manage data, such as databases or cloud storage solutions.

Brief Periods

refer to short spans of time, usually of a specific and limited duration.

Virtual Reality

A computer-generated simulation of an environment that can be interacted with in a seemingly real or physical way by a person using special electronic equipment.

Organization

A structured group of people with a specific purpose, such as a business, government agency, or nonprofit.