nellen9145 nellen9145

06-06-2023
Business

contestada

Which of the following statements is TRUE?
Select one:
a.The smaller the response of money demand to changes in interest rates, the steeper the LM curve.
b.The greater the response of money demand to changes in interest rates, the more horizontal the LM curve.
c.If money demand is not responsive to changes in interest rates, the LM curve will flatten.
d.Both A and B.

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