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Posted: August 19th, 2024

Which of the following statements about the LM curve isfalse

Which of the following statements about the LM curve isfalse?a)An increase in the demand for money will shift LM right.b)An increase in the supply of money curve will shift LM right.c)It shows that the higher is the level of output, the higher is the equilibrium rate of interest.d) The more interest elastic is the demand for money, the more interest elastic is theLM curve.

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