Assuming the Federal Reserve is targeting the interest rate, a decrease in money demand will
a. shift the LM schedule to the right.
b. shift the LM schedule to the left.
c. shift the IS schedule to the right.
d. not shift the LM schedule.
e. none of the above.
D
Economics
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Which of the following statements is correct?
I. The ERM used the Deutsche Mark as the base or center currency. II. The ERM allowed the Italian central bank autonomy over its policies. III. The ERM allowed the Bundesbank monetary autonomy. A) I only B) II only C) III only D) I, II, and III
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What happened during the Great Depression?
What will be an ideal response?
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