If the demand for money is Md = 100 +.25Y – 100r and then the increa
If the demand for money is Md = 100 +.25Y – 100r and then the increase in money demand rises by 100, the LM curve shifts to the
a. right by 400.
b. right by 100.
c. left by 200.
d. left by 400.
e. none of the above.
ANSWER
D
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