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    Macroeconomics Study Set 39
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    Exam 12: Aggregate Demand Ii: Applying the Is-Lm Model
  5. Question
    If Money Demand Does Not Depend on Income, Then the ______
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If Money Demand Does Not Depend on Income, Then the ______

Question 110

Question 110

Multiple Choice

If money demand does not depend on income, then the ______ curve is ______.


A) IS; vertical
B) IS; horizontal
C) LM; vertical
D) LM; horizontal

Correct Answer:

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