Multiple Choice
Suppose the demand for money becomes less sensitive to changes in the interest rate.In moving along an LM curve,an increase in income must be accompanied by a ________ change in the interest rate than before,meaning that the LM curve has become ________.
A) greater,steeper
B) greater,flatter
C) smaller,steeper
D) smaller,flatter
Correct Answer:
Verified
Correct Answer:
Verified
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