Question
What factors determine the magnitude of the slope of the LM schedule? Suppose that the interest elasticity of investment demand is zero. What will be
What factors determine the magnitude of the slope of the LM schedule? Suppose that the interest elasticity of investment demand is zero. What will be the resulting slope of the IS schedule ? Explain
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
