The negative relation between investment spending and the interest rate is what gives the ________ curve its ________ slope
A) IS; upward
B) IS; downward
C) LM; downward
D) LM; upward
B
Economics
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Hyperinflationary episodes are always related to extremely rapid growth of:
A) real GDP. B) money demand. C) interest rates. D) money supply.
Economics
Refer to Figure 8A.2. An increase in the saving rate is represented by
A) a movement from e2 to e1. B) shifting from s1Y to s2Y. C) a movement from K1 to e1. D) shifting from s2Y to dK.
Economics