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

question 30

Multiple Choice

Everything else held constant,if aggregate output is to the ________ of the LM curve,then there is an excess ________ of money which will cause the interest rate to rise.

• A)right;supply
• B)right;demand
• C)left;supply
• D)left;demand

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Definitions:

Income

Amount of money a person receives, usually through wages or salaries.

Stocks

Shares of ownership in a corporation, representing a claim on part of the corporation's assets and earnings.

Property

Legal rights or interests over physical objects, land, or intellectual creations, entitling the owner to use, sell, or lease them.

Discouraged Worker

A person who has stopped searching for a job because he or she believes that job hunting is futile.