Assume that the money stock is the intermediate target and money demand is totally interest- inelastic. Then, the
a. LM schedule will be horizontal.
b. LM curve schedule would be vertical.
c. IS curve would be horizontal.
d. None of the above
B
Economics
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Stock prices change with surprises
Indicate whether the statement is true or false
Economics
Suppose the CPI was 104 in 1967, and suppose currently the CPI is 390 . According to the CPI, $10 in 1967 purchased the same number of goods and services as
a. $28.88 purchases today. b. $37.50 purchases today. c. $42.64 purchases today. d. $104.00 purchases today.
Economics