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

question 56

Multiple Choice

Everything else held constant,if aggregate output is to the right 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:

Actus Reus

Guilty act. The commission of a prohibited act is one of the two essential elements required for criminal liability, the other element is the intent to commit a crime.

Mens Rea

Wrongful mental state or intent. A wrongful mental state is a requirement for criminal liability. What constitutes a wrongful mental state varies according to the nature of the crime.

Arson

The criminal act of deliberately setting fire to property, often with the intent to cause damage or harm.

Misdemeanor

A type of criminal offense that is less serious than a felony and typically carries a lighter penalty, such as a fine or short jail time.