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.
C
Economics
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The ECB would be unable to prevent a large banking crisis in the Eurozone because:
A) it can print money but is prohibited from lending to banks or central banks in the member states. B) crises of such proportions would require an international effort. C) deposits in banks in the Eurozone have FDIC insurance and are therefore out of the control of the ECB. D) its assets are inadequate.
Economics
Patterns of development or structural change analysis stress internal change in a developing country's economic, industrial, and institutional structure. What are some of the most important changes?
What will be an ideal response?
Economics