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

question 99

Multiple Choice

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

• A)supply;fall
• B)supply;rise
• C)demand;fall
• D)demand;rise

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Definitions:

Weight of the Evidence

The weight of the evidence refers to the balance and credibility of the evidence presented in legal proceedings, used to determine the outcome.

U.S. Supreme Court

The highest federal court in the United States, consisting of nine Justices and holding final appellate jurisdiction over federal and state court cases.

Appealing

The process of applying to a higher court for a reversal of the decision of a lower court.

Writ of Certiorari

A legal order issued by a higher court to review the decision and proceedings of a lower court.