Question
Suppose the demand for money is NOT very sensitive to the interest rate (i.e. h=0 in our model). Given this information, we know that: Group
Suppose the demand for money is NOT very sensitive to the interest rate (i.e. h=0 in our model).
Given this information, we know that:
Group of answer choices
the IS curve should be relatively steep.
neither the IS nor the LM curve will be affected.
the LM curve should be relatively flat.
the IS curve should be relatively flat.
the LM curve should be relatively steep.
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The End Of Poverty Economic Possibilities For Our Time
Authors: Jeffrey D Sachs, Bono
1st Edition
0143036580, 9780143036586
