Despite an expansionary monetary policy, an economy experiences a recession. Everything else held constant, the recession could occur in spite of the rightward shift of the LM curve if
A) consumer confidence decreases sharply.
B) there is an investment boom.
C) the money supply increases.
D) taxes are cut.
A
Economics
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Consumers often base their spending on their estimated permanent income
Indicate whether the statement is true or false
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A merger between McDonald's and Burger King would be called a:
a. horizontal merger. b. vertical merger. c. conglomerate merger. d. cartel. e. game theory.
Economics