Author Question: An increase in the money supply would A) shift the LM curve to the left. B) shift the IS curve ... (Read 83 times)

nevelica · **on:** Jun 30, 2018

An increase in the money supply would

A) shift the LM curve to the left.
B) shift the IS curve to the right.
C) shift the IS curve to the left.
D) shift the LM curve to the right.

Question 2

Given the information in the table above, if the world equilibrium price of widgets were 4 cloth, then

A) both countries could benefit from trade with each other.
B) neither country could benefit from trade with each other.
C) each country will want to export the good in which it enjoys comparative advantage.
D) neither country will want to export the good in which it enjoys comparative advantage.
E) both countries will want to specialize in cloth.