Question
A decrease in the price level, holding nominal money supply constant, will shift the LM curve: A) downward and to the right. B) upward
A decrease in the price level, holding nominal money supply constant, will shift the LM curve: A) downward and to the right. B) upward and to the left. C) upward and to the right. downward and to the left. D)
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Answer A downward to the right Explanation The LM curve is the equilibrium ...Get Instant Access to Expert-Tailored Solutions
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