In the Keynesian theory, an exogenous decrease in the demand for money shifts
a. the LM curve to the right.
b. the LM curve to the left.
c. the IS curve to the right.
d. the IS curve to the left.
e. neither the IS or LM curves.
B
Economics
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A) privilege many at the expense of a few. B) privilege a few at the expense of many. C) are restricted to command economies. D) are restricted to market economies.
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"If the marginal product of labor curve slopes downward, then the average product of labor curve necessarily must slope downward." Explain whether the previous statement is correct or incorrect
What will be an ideal response?
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