An decrease in the velocity of money will shift the
a. IS curve up.
b. LM curve up.
c. LM curve down.
d. IS curve down.
B
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In the open-economy Keynesian model, it always has to be true that
a. planned savings equals planned investment. b. planned savings is greater than planned investment. c. planned savings is less than planned investment. d. none of the above.
Consider a firm that uses only one fixed input and one variable input. a . Explain how this firm's ATC, AVC, and AFC curves will be affected by a government tax on the fixed input. b. Explain how this firm's ATC, AVC, and AFC curves will be affected by a government tax on the variable input. c. When would a tax on an input cause the MC curve to change?
Explain in detail how the California gold rush contributed to rising prices in the early 1850's
Jim has the following assets and liabilities:Credit card balance$2,000Cash$500Government bonds$2,000Stock$5,000Checking$750Car loan balance$5,000Car$15,000 Which of the following actions would decrease Jim's money demand by $200?
A. Jim sells $200 worth of stocks and puts the proceeds in his checking account. B. Jim writes a check for $200 to pay down his credit card balance. C. Jim writes a $200 check for cash and holds the cash. D. Jim sells a $200 government bond and puts the proceeds in his checking account.