- Looking At The Macroeconomic Statistics For Kellytopia You Discover That At The Beginning Of The Year The National Mon 1 (12.85 KiB) Viewed 11 times
Looking at the macroeconomic statistics for Kellytopia, you discover that at the beginning of the year, the national mon
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Looking at the macroeconomic statistics for Kellytopia, you discover that at the beginning of the year, the national mon
Looking at the macroeconomic statistics for Kellytopia, you discover that at the beginning of the year, the national money supply was equal to $200 billion and by the end of the year it was equal to $193 billion. You also found out that the inflation rate in Kellytopia was-5%. In this case, you would expect the LM curve to shift up and to the left as the real money supply rises. O shift up and to the left as the real money supply falls O shift down and to the right as the real money supply falls. O shift down and to the right as the real money supply rises.