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PgUp PgUp
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5 years ago
The LM curve slopes upward to the right because
A) the demand for money plus the demand for nonmoney assets must equal the supply of money plus the supply of nonmoney assets.
B) a higher real interest rate is associated with a higher level of the output gap in money market equilibrium.
C) a higher real interest rate is associated with a higher level of saving in goods market equilibrium.
D) in equilibrium the actual real interest rate must increase one-for-one with the expected real interest rate.
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Contemporary Logistics

Contemporary Logistics


Edition: 11th
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chuwawachuwawa
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5 years ago
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5 years ago
You make an excellent tutor!
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Thanks for your help!!
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Thanks
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