At any point above the current LM curve, there is an
A) excess demand for money.
B) excess supply of money.
C) excess demand for goods.
D) excess supply of goods.
Correct Answer:
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Q32: An increase in the interest rate causes
A)
Q33: Which of the following is an equilibrium
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Q36: Which of the following will cause the
Q38: Which of the following will cause the
Q39: The IS curve shows a series of
Q40: The LM curve becomes steeper if there
Q41: The slope of the IS curve is
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