Question
Accountancy Question on Basics of Accounting
The LM curve is a locus of points showing equilibrium points of the money market at different levels of:
A. Interest
B. Supply of money
C. Income
D. Consumption
E. Demand for money
Choose the correct answer from the options given below:
A
A, C and E Only
B
A, B and C Only
C
B, C and D Only
D
A, B and E Only
Answer
A, C and E Only
Explanation
Solution
The correct answer is (A) : A, C and E Only.