Any point on the LM curve shows that (a) there is an excess supply of goods. (b)

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Any point on the LM curve shows that

(a) there is an excess supply of goods.

(b) there is an excess supply of money.

(

c) there is an excess demand for money.

(d) there is an excess demand for goods.

(e) there is neither excess supply nor excess demand for money.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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Question Posted: Nov 15, 2024 06:00 AM

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Any point on the LM curve shows that (a) there is an excess supply of goods. (b)

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Macroeconomics

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