A Change That Increases Real Money Demand Relative to the Real

question 53

Multiple Choice

A change that increases real money demand relative to the real money supply causes

• A)the LM curve to shift down and to the right.
• B)the LM curve to shift up and to the left.
• C)the IS curve to shift down and to the left.
• D)the IS curve to shift up and to the right.

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Definitions:

Primate Species

Members of the mammalian order Primates, which includes humans, apes, monkeys, and prosimians, characterized by large brains, forward-facing eyes, and dexterous hands.

Homo Floresiensis

An extinct species of small-statured humans that lived on the Indonesian island of Flores until approximately 50,000 years ago.

Hypotheses

Tentative explanations that can be tested through experimentation or observation.

Origin

The location or origin where something starts, originates, or is obtained from.