=+ a. Suppose that we graph the LM curve for given values of Pd and Pf

Question:

a. Suppose that we graph the LM ∗ curve for given values of Pd and Pf

(instead of the usual P). Is this LM ∗ curve still vertical? Explain.

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Macroeconomics

ISBN: 9781429240024

8th Edition

Authors: N Gregory Mankiw

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Question Posted: Sep 30, 2024 03:00 AM

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=+ a. Suppose that we graph the LM curve for given values of Pd and Pf (instead of the usual P). Is this LM curve still vertical? Explain.
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=+ a. Suppose that we graph the LM curve for given values of Pd and Pf

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Macroeconomics

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