1.A change in which of the following would cause the LM curve to shift? To rotate?...

1.A change in which of the following would cause the LM curve to shift? To rotate? To both shift and rotate? Which do not affect the position or slope of the LM curve?

(a)nominal money supply

(b)responsiveness of the demand for money to the interest rate

(c)responsiveness of the demand for money to income

(d)business and consumer confidence

(e)interest rate (r)

(f)price level (P)

Expert Solution

Rahul Sunny answered 2 years ago

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