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
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 |
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South Western Federal Taxation 2016 Corporations Partnerships Estates And Trusts
Authors: James Boyd, William Hoffman, Raabe, David Maloney, Young
39th Edition
978-1305399884
