Monetary Policy, Activity, and the Interest Rate
{"Image DocumentName": "Monetary Policy, Activity, and the Interest Rate", "Image ImageDescription": "Suppose the Central Bank expands the Money Supply. Higher Ms shifts the LM curve to the right: A greater money supply lowers the interest rate at every level of income. LM. Ms. i. i. LM. Ms\u2019 i falls at every level of Y. Md. Y. M/P.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}