The LM curve is upward sloping because A. money demand is positively related to output and negatively
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Question:
The LM curve is upward sloping because
A. | money demand is positively related to output and negatively related to the interest rate. | |
B. | money demand is positively related to output and the real money supply is negatively related to the price level. | |
C. | money demand is negatively related to the interest rate and the real money supply is negatively related to the price level. | |
D. | none of the above |
Related Book For
South Western Federal Taxation 2016 Corporations Partnerships Estates and Trusts
ISBN: 9781305399884
39th edition
Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young
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