The LM Curve Will Shift to the Right When Government

question 15

True/False

The LM curve will shift to the right when government expenditures increase.

---

Definitions:

CIO

Stands for Congress of Industrial Organizations, a federation of unions that organized workers in industrial unions in the United States and Canada from 1935 to 1955.

Immigrant Groups

Communities of people who have moved from one country to settle in another, often forming distinct cultural or social groups.

New Deal

A series of programs, public work projects, financial reforms, and regulations enacted in the United States during the 1930s in response to the Great Depression.