Fiscal policy is impotent when the LM curve is
A) vertical.
B) horizontal.
C) downward-sloping.
D) horizontal or downward-sloping.
A
Economics
You might also like to view...
Which of the following would be included in this year's gross domestic product (GDP)?
a. One hundred shares of IBM stock that Tony sold this May b. A used car that Tracey sold to Justin c. George's purchase of a fishing rod and reel at a garage sale d. Sharon giving Dennis $20 as a reward for finding her ring e. A bucket of Kentucky Fried Chicken that Kate bought this July
Economics
Which of the following goods would be most likely to be produced by a monopoly?
a. Lotso-Sugar brand cereal b. Pepsi c. margarine d. electricity e. Ford automobiles
Economics