Start from an Initial Triple Intersection of the IS, LM

question 29

Multiple Choice

Start from an initial triple intersection of the IS, LM, and FE curves. Before anything else adjusts, a shift to an expansionary monetary policy results in a(n) :

• A)overall balance of payments surplus.
• B)overall balance of payments deficit.
• C)increase in domestic interest rates.
• D)decrease in domestic output.

---

Definitions:

Heritable Behaviours

Traits or behaviors that are passed from parents to their offspring through genetic transmission.

Environmental Response

The reactions or adaptations of organisms or systems to changes or stimuli in their environment.

Behavioural Geneticists

Scientists who study the role of genetic and environmental factors in determining behaviors and traits.

Shared Environment

The aspects of an individual's environment that are shared with other family members, contributing to similarities between them.