Answer:
The equilibrium income will not change.
Explanation:
LM curve shows the liquidity preference and money supply, It represents the money market. It is generally an upward sloping curve showing a positive relationship between interest rates and income.
Vertical LM curve shows that demand and supply of money are constant at a given income level. So, with the increase in government spending, only the interest rates will be affected. The equilibrium income level will remain the same.
<u>Answer:
</u>
Face validity of an instrument refers to the style of questions on an instrument that enables the respondents to determine the purpose of the questions by merely reading the questions is a TRUE statement.
<u>Explanation:
</u>
- The purpose of the questions enumerated on a given instrument is often very easy to comprehend.
- It allows the respondents to easily devise what issues or subjects are the questions associated with.
- Once the respondents get an idea of what the questions are about, they can plan how to tackle them or otherwise just simply prefer to leave them.
I believe the answer is: <span>has a functionary style.
People with Functionary style refers to the type of person that are really good in following instruction rather than involved in creative big picture.
These powerful figures usually prefer the superintendent is extremely loyal and would always conform to their demand.</span><span />