Keynesians and monetarists differ over how steep the IS and LM curves actually are Monetarists claim that the IS curve must be __________ and the LM curve must be __________?

Related Mcqs:

The refinancing rate is ?

A. The interest rate at Which commercial banks lend to and borrow from each other B. The interest rate the European Central Bank pays on reserves C. The interest rates the public pays when borrowing from banks D. The interest rates the European Central Bank charges on loans to banks E. He interests rate banks … The refinancing rate is ?Read More...

The opportunity cost of holding money is determined by ?

A. the discount rates B. the level of aggregate output C. the interest rates D. the inflation rates...

The money supply is ?

A. State Bank of Pakistan Issue Department B. Money + bank cards + credit cards C. Cheques + money + bank cards + credit cards D. Currency in circulation plus bank deposits...

The demand for money represents the idea that there is ?

A. a positive relationship between the interest rate and the quantity of money demanded B. a negative relationship between the price level and the quantity of money demanded C. a negative relationship between the level of aggregate output and the quantity of money demanded D. a negative relationship between the interest rate and the quantity … The demand for money represents the idea that there is ?Read More...

If the keep some money available in case I see a bargain this is an example of ?

A. asset demand for money B. transactions demand for money C. token demand for money D. precautionary demand for money...