A Decrease in the Money Supply Would Cause the IS

question 3

Multiple Choice

A decrease in the money supply would cause the IS curve to ________ and the LM curve to ________.

• A)shift down and to the left; be unchanged
• B)shift down and to the left; shift up and to the left
• C)be unchanged; shift up and to the left
• D)be unchanged; shift down and to the right

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Definitions:

Lengthy Minutes

The detailed and sometimes extended written record of what was discussed and decided during a meeting.

Sensitive Topics

Subjects considered delicate, potentially offensive, or emotionally charging, requiring careful handling to avoid upset.

Operational Guidelines

Specific procedures and instructions designed to achieve the efficient operation of an organization or system.

Omnibus Motion

A comprehensive legal motion that covers multiple issues or points in a single document, often used in court proceedings.