When there is an increase in the autonomous money supply, ceteris paribus, LM shifts:

April 30, 2021 – by admin

Question:

When there is an increase in the autonomous money supply, ceteris paribus, LM shifts:

A.

leftward

B.

rightward

C.

no shift

D.

none

Answer» b. rightward

Note:

The above multiple-choice question is for all general and Competitive Exams in India.