The LM Curve Shifts Up When

question 27

Multiple Choice

The LM curve shifts up when

• A)price level falls.
• B)nominal interest rate on money declines.
• C)expected inflation decreases.
• D)nominal money supply rises.

---

Definitions:

Lipids

A broad group of naturally occurring molecules which includes fats, waxes, sterols, fat-soluble vitamins, and others, known for being a major source of energy.

Proteins

Large, complex molecules made up of amino acids that perform a vast array of functions within organisms, including structural support, transporting molecules, and catalyzing metabolic reactions.

Phylum

A taxonomic grouping of related, similar classes; a category beneath the kingdom and above the class.

Chordata

A phylum of animals possessing a notochord at some stage in their development, including vertebrates like fish, amphibians, reptiles, birds, and mammals.