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A Decline in the Money ________ Shifts the LM Curve

question 70

Multiple Choice

A decline in the money ________ shifts the LM curve to the ________,causing the interest rate to rise and output to fall,everything else held constant.


Definitions:

Acculturation

The process by which individuals adopt the cultural traits or social patterns of another group.

Enculturation

The process by which individuals learn the dynamics of their surrounding culture and acquire values and norms appropriate or necessary in that culture.

Socialization Process

The method through which individuals learn the values, norms, and required behaviors which permit them to participate as members of an organization.

U.S. Naval Academy

A federal service academy in Annapolis, Maryland, that educates and trains officers for commissioning primarily into the United States Navy and Marine Corps.

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