Describe briefly how change to the following ms md or p

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Reference no: EM13389151

Explain briefly how a change to the following M^S, M^D, or P (ceteris paribus) would shift the LM function to the right. Include in your discussion whether the variable would have to increase or decrease to cause the rightward LM shift. Discuss which of these the FED exercises control over.

a. M^S.
b. M^D (money demand).
c. P (price index).

Reference no: EM13389151

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