The LM curve represents combinations of income and interest rate which
A) clear the goods market.
B) achieve the external equilibrium.
C) clear the money market.
D) achieve internal equilibrium.
Correct Answer:
Verified
Q3: If foreign countries simultaneously stimulate their economies
Q4: With floating exchange rates
A)monetary policy is effective.
B)fiscal
Q5: As interest rates rise,other things equal,
A)investment decreases.
B)money
Q6: With fixed exchange rates,a country
A)cannot conduct independent
Q7: Complete crowding out occurs when
A)monetary policy has
Q9: External balance refers to
A)an economy which is
Q10: With fixed exchange rates,perfect asset substitutability,and perfect
Q11: A point to the left of the
Q12: If the United States follows an expansionary
Q13: Which of the following is not a
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