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★ѕραndavir ★ѕραndavir
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6 years ago
Keynes argued that monetary policy would be impotent during the Great Depression because
A) both the IS and the LM curve were vertical.
B) IS curve was continuously shifting, while the LM curve was stable.
C) IS curve was vertical and stuck at a low level of Y.
D) none of the above
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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supersuinegsupersuineg
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6 years ago
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