Assuming that money demand is completely interest insensitive, the
a. LM schedule will be horizontal.
b. LM schedule will be vertical.
c. IS schedule is vertical.
d. IS schedule is horizontal.
B
Economics
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The U.S. interest rate minus the foreign interest rate is called the ________
A) foreign interest rate differential B) U.S. bond rate differential C) U.S. interest rate differential D) U.S. stock yield differential
Economics
Suppose Clem's Chemical Company wants to increase its total revenue. If there are few substitutes for Clem's Chemicals
A) Clem should increase the price of his chemicals. B) Clem should decrease the price of his chemicals. C) the demand for chemicals is elastic. D) Clem will not be able to change the price of his chemicals.
Economics