The LM curve illustrates that when income increases, the
A) price level must increase to clear the asset market.
B) real interest rate on nonmonetary assets must increase to clear the asset market.
C) price level must increase to clear the goods market.
D) real interest rate on nonmonetary assets must increase to clear the goods market.
B
Economics
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What is dumping and why would firms engage in it?
What will be an ideal response?
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Assuming there are 200 million people employed in the United States and 5 million people unemployed, the unemployment rate would therefore approximately equal
A) 2.4 percent. B) 3.2 percent. C) 5.0 percent. D) an undetermined amount given the lack of information
Economics