Which of the Following Factors Shifts the LM Curve to the Left

question 19

Multiple Choice

Which of the following factors shifts the LM curve to the left?

• A) An increase in money supply
• B) An decrease in money supply
• C) An increase in government spending
• D) A depreciation of domestic currency

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Definitions:

Scientific Management

A management theory that analyzes work flows to improve economic efficiency, especially labor productivity.

Worker Productivity

The amount of goods and services that a worker produces in a given amount of time.

Service Delivery

The process of providing services to customers or clients in an efficient, timely, and satisfactory manner.

Theory X

Douglas McGregor’s Theory X and Theory Y framework grew from the human relations movement.