A Decrease in the Price Level,holding the Nominal Money Supply

question 24

Multiple Choice

A decrease in the price level,holding the nominal money supply constant,will shift the LM curve

• A)upward and to the right.
• B)downward and to the left.
• C)downward and to the right.
• D)upward and to the left.

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Definitions:

They're

Contraction of "they are," used as a subject in a sentence to refer to multiple people or entities.

Than

A conjunction used in comparisons to highlight differences between two things.

Phantom Menace

A perceived threat or problem that either does not exist or is greatly exaggerated.

Return of the Jedi

The third film in the original Star Wars trilogy, released in 1983, focusing on the Rebel Alliance's final battle against the Empire.