Under fixed exchange rate, in general which one of the following statements is the MOST accurate? A) The following condition should hold for domestic money market equilibrium: M^s/P = L(R , Y). B) The following condition should hold for domestic money market equilibrium: M^d/P = L(R , Y). C) The following condition should hold for domestic money market equilibrium: M^s = L(R , Y). D) The following condition should hold for domestic money market equilibrium: P = L(R , Y). E) The following condition should hold for domestic money market equilibrium: R*M^d/P = L(

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The Answer of Under fixed exchange rate, in general which one of the following statements is the MOST accurate? A) The following condition should hold for domestic money market equilibrium: M^s/P = L(R , Y). B) The following condition should hold for domestic money market equilibrium: M^d/P = L(R , Y). C) The following condition should hold for domestic money market equilibrium: M^s = L(R , Y). D) The following condition should hold for domestic money market equilibrium: P = L(R , Y). E) The following condition should hold for domestic money market equilibrium: R*M^d/P = L(

Under Fixed Exchange Rate, in General Which One of the Following