Which of the Following Would Shift the LM Curve Up

question 93

Multiple Choice

Which of the following would shift the LM curve up?

• A)an increase in consumer spending
• B)an increases in taxes
• C)a decrease in supply of money
• D)a decrease in taxes

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Definitions:

Managerial Accounting Reports

Financial documents prepared for internal use by the management, providing insights into the business’s performance, costs, and operations.

GAAP

Generally Accepted Accounting Principles, a set of rules and guidelines provided by the Financial Accounting Standards Board (FASB) for accounting and reporting to ensure consistency and comparability among financial statements.

Historical Data

Information from the past used to analyze trends, forecast future events, or examine outcomes.

Factory Overhead Cost

Manufacturing expenses, except for direct materials and direct labor costs.