Which of the following influences the slope of the LM curve?

A) The interest-sensitivity of money demand
B) The interest-sensitivity of investment
C) The interest-sensitivity of government spending
D) The interest-sensitivity of saving

A

Economics

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The President of the United States appoints the

A) directors of the Federal Reserve regional banks. B) presidents of the Federal Reserve regional banks. C) Federal Advisory Council. D) members of the Board of Governors of the Federal Reserve.

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The marginal cost of labor for a perfectly competitive firm is the

a. change in total revenue that results from employing an additional worker b. wage rate c. marginal revenue product curve d. demand curve for labor e. marginal physical product of labor

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