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Q. |
In which of the following situations will an increase in the money supply have no effect upon output? |
A. | lm is steeply sloped and is is steeply sloped |
B. | lm is vertical and is is steeply sloped |
C. | lm is steeply sloped and is is vertical |
D. | lm is relatively flat as is is |
Answer» C. lm is steeply sloped and is is vertical |
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