Monetary policy loses its effectiveness in all of the following situations EXCEPT
A) when the IS curve is vertical.
B) when the LM curve is nearly horizontal.
C) when interest rate controlled by the Fed reaches zero.
D) when the IS curve is horizontal.
D
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How do animal spirits affect GDP?
What will be an ideal response?
How did the international monetary system created at Bretton Woods in 1944 allow its members to reconcile their external commitments with their internal goals of full employment and price stability?
What will be an ideal response?
Which of the following would most likely reduce the number of bank failures?
a. an increase in the number of small banks b. tighter restrictions on interstate banking c. creating a system of deposit insurance d. encouraging banks to make more risky loans
Refer to the following table: 
What is the net benefit of the 5th unit of the activity?
A. 70 B. 50 C. 60 D. 80 E. none of the above