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NYC NYC
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8 years ago
If the investment demand curve is horizontal:
A) monetary policy is effective, but fiscal policy is ineffective.
B) monetary policy is ineffective, but fiscal policy is effective.
C) both monetary and fiscal policy are ineffective.
D) both monetary and fiscal policy are effective.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
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#2
8 years ago
I was thinking the same, thank you
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