Most economists believe the LM curve to be

A) horizontal most of the time.
B) upward-sloping.
C) vertical.
D) downward-sloping.

B

Economics

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Typically, when someone borrows money from a bank, M2 ________, because ________

A) increases; the money is held for a while in a liquid form B) decreases; the money is held for a while in a liquid form C) does not change; the loan affects only the subcategories within M2 D) decreases; of the decline in the bank's vault cash E) none of the above

Economics

Under what conditions would firms be likely to support an industry-wide advertising ban?

What will be an ideal response?

Economics