A Change That Increases the Real Money Supply Relative to Real

question 28

Multiple Choice

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

Absolute Cell Reference

In spreadsheet applications, a cell reference that remains constant even if the formula is copied to a different location.

Nested IF

In programming and spreadsheet formulas, a condition within another IF statement, allowing for multiple conditions to be tested in sequence.

Clustered Column Chart

A type of chart in Excel that groups similar data in columns that are clustered together, useful for comparing multiple categories.

Category Series

In charting or data visualization, a group of related data points that belong to a specific classification or segment.