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In the IS-LM model with the nominal interest rate i on the vertical axis, if expected inflation becomes positive, then the: Question 11Answer a. LM
In the IS-LM model with the nominal interest rate i on the vertical axis, if expected inflation becomes positive, then the: Question 11Answer a. LM curve shifts leftward. b. IS curve shifts leftward. c. LM curve shifts rightward. d. IS curve shifts rightward
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Economics
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
18th edition
978-0077413798, 0-07-336880-6, 77413792, 978-0-07-33688, 978-0073375694
