In the Case of Monetary Impotence Without a Horizontal LM

question 30

Multiple Choice

In the case of monetary impotence without a horizontal LM curve,a rise in government expenditures

• A)just causes us to move further down the vertical IS curve and so is of no help in raising output.
• B)shifts the LM curve downward against a horizontal IS curve and so is of no help in raising output.
• C)shifts the vertical IS curve to the right and thus increases output.
• D)causes the IS curve to go from vertical to downward-sloping,thus raising output.

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Definitions:

Self-Esteem

The subjective evaluation or perception of one's own worth, encompassing beliefs about oneself as well as emotional states, such as triumph, despair, pride, and shame.

Self-Concept

An individual’s understanding and assessment of their own abilities, qualities, and characteristics.

Attitude

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.

Self-Kindness

Being kind to yourself.