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      Question

      For a positively sloped LM curve, which of the following

      statements is CORRECT?
      A A decrease in the price level will shift the LM curve to the left Correct Answer Incorrect Answer
      B A lower nominal money supply will shift the LM curve to the right Correct Answer Incorrect Answer
      C An increase in the price level will shift the LM curve to the right Correct Answer Incorrect Answer
      D A higher nominal money supply will shift the LM curve to the right Correct Answer Incorrect Answer

      Solution

      A higher nominal money supply will shift the LM curve to the right.

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