In the IS-LM-PC model,LM curve is
A) flat.
B) upward sloping.
C) downward sloping.
D) vertical.
Correct Answer:
Verified
Q1: The Phillips curve shows that when the
Q2: When a government reduces its deficits by
Q4: The natural rate of interest is not
A)zero.
B)the
Q5: When the policy rate decreases,
A)IS curve does
Q7: Okun's law shows that when the unemployment
Q8: Okun's law shows that when the unemployment
Q9: The zero lower bound refers to the
Q10: Disposable income equals
A)income minus saving.
B)income minus both
Q10: As fiscal consolidation takes place,the central bank
Q11: The change in the unemployment rate is
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