If the Economy Is on the LM Curve,but Is to the Right

question 82

Multiple Choice

If the economy is on the LM curve,but is to the right of the IS curve,aggregate output will ________ and the interest rate will ________.

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

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Definitions:

Agnostic

An individual who believes that the existence of a god or the ultimate cause of the universe is unknown and possibly unknowable.

Administering Medication

The act of giving a drug to a patient as prescribed by a healthcare provider, which includes ensuring the right dosage, the correct patient, time, and route of administration.

Establish Presence

The practice of making oneself known in a particular area or within a specific context, often to gain recognition or build relationships.

Transpersonal Connectedness

A state or feeling of unity and deep relationship that transcends the individual self, often encountered in spiritual or deep psychological experiences.