The steeper the LM curve

A) the more effective is monetary policy.
B) the less effective is monetary policy.
C) the greater is the interest-sensitivity of investment.
D) the greater is the interest-sensitivity of the money supply.


A

Economics

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Use the following table, which shows the demand schedule faced by Ninaskets, a pure monopoly selling baskets, to answer the next question.PriceNumber of Baskets Sold$203185167141012151030What is the change in total revenue if the pure monopoly raises the price from $10 to $12?

A. +$120 B. -$300 C. -$120 D. +$300

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Research has shown that nations with highly independent central banks tend to have low

A) inflation. B) interest rates. C) economic growth. D) unemployment.

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If the RGDP is high, which of the following examples would most likely happen?

a. Giulla keeps no more than $20 of cash in her wallet for emergency situations. b. Viola keeps $20,000 in her checking account and $2,000 in a CD. c. Gabriel has 80 percent of his money in CDs. d. Giovanni has $70,000 in an high interest savings account and $10,000 in a checking account.

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Figure 11-2 ? Which graph in Figure 11-2 best reflects a Keynesian view of the impact of a $500-per-person tax cut?

A. 1 B. 2 C. 3 D. 4

Economics