A Drop in Velocity Means That at Any Nominal GDP

question 107

Multiple Choice

A drop in velocity means that at any nominal GDP there is a desire to hold a ________ proportion of assets in money form,thus ________ shift in the LM curve.

• A)larger,a downward
• B)larger,an upward
• C)smaller,a downward
• D)smaller,an upward

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Definitions:

Rh-negative

Refers to the absence of the Rh (Rhesus) factor on the surface of red blood cells.

Coagulation

The process of blood turning from a liquid to a gel, forming a clot, which is crucial in preventing excessive bleeding when the vascular system is injured.

Platelets

Small blood cells essential for blood clotting and preventing bleeding.

Agglutination

The clumping together of cells or particles, commonly observed in blood cells in response to certain antibodies, which can be a basis for blood typing.