By referring to Figure 7-1, an increase in the money stock a. shifts
By referring to Figure 7-1, an increase in the money stock
a. shifts the LM schedule to the right from LM0 to LM1.
b. shifts the LM schedule to the left from LM0 to LM2.
c. leaves the LM curve unchanged at LM0.
d. shifts neither the IS nor the LM schedule.
ANSWER
A
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