Economics 9708 · AS & A Level · Oligopoly

Oligopoly — practice question

The graph indicates a movement in the liquidity preference curves for an economy from LP1 to LP2. What could have led to this movement?

  • Aincrease in real national income; increased pessimism about the future of the economy
  • Bincrease in real national income; decreased pessimism about the future of the economy
  • Cdecrease in real national income; increased pessimism about the future of the economy
  • Ddecrease in real national income; decreased pessimism about the future of the economy

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