As the LM Curve Becomes Steeper,an Unexpected Increase in Consumer

question 52

Multiple Choice

As the LM curve becomes steeper,an unexpected increase in consumer confidence

• A)will cause a relatively large increase in output and relatively large increase in the interest rate.
• B)will cause a relatively small increase in output and relatively small increase in the interest rate.
• C)is more likely to cause stock prices to rise.
• D)is more likely to cause stock prices to fall.

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Definitions:

Myosin

Myosin is a type of motor protein involved in muscle contraction and movement of various types of cells and organelles in the cytoplasm.

Cyanobacteria

Photosynthetic bacteria that produce oxygen and are found in aquatic and terrestrial environments.

Photosynthesize

The process by which green plants and some other organisms use sunlight to synthesize foods from carbon dioxide and water.

Chloroplast

A organelle found in plant cells and other eukaryotic organisms that conducts photosynthesis, absorbing sunlight and converting it into energy.