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Maintaining and given typical assumptions for all other aspects of our complete macro model, if the economy's desired investment function is nearly horizontal then A)
Maintaining and given typical assumptions for all other aspects of our complete macro model, if the economy's desired investment function is nearly horizontal then
A) monetary policy is rather effective, but fiscal policy is rather ineffective.
B)monetary policy is rather ineffective, but fiscal policy is rather effective.
C)both monetary and fiscal policy are rather ineffective.
D)both monetary and fiscal policy are rather effective
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