Everything Else Held Constant,if Aggregate Output Is to the ________

question 50

Multiple Choice

Everything else held constant,if aggregate output is to the ________ of the LM curve,then there is an excess ________ of money which will cause the interest rate to fall.

• A)right;supply
• B)right;demand
• C)left;supply
• D)left;demand

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Definitions:

Closer Kin

Refers to an individual's family members who are closely related, such as parents, siblings, or children.

Prosocial Behaviour

Actions intended to benefit others, characterized by altruism, cooperation, and other positive social acts.

Positively Valued

Regarded with high esteem or importance, often due to perceived benefits, moral significance, or emotional attachment.

Benefit Someone

To provide advantage or positive outcomes to an individual or group, improving their condition or situation.