1. In a Keynesian system, if the money demand function is given by M = 135 + 0.25Y-10r then a 10-unit increase in the quantity of money will cause the LM schedule to shift to the right by a. 135 units...


1. In a Keynesian system, if the money demand function is given by<br>M = 135 + 0.25Y-10r<br>then a 10-unit increase in the quantity of money will cause the LM schedule to shift to<br>the right by<br>a.<br>135 units<br>b.<br>40 units<br>с.<br>10 units<br>d.<br>100 units<br>e.<br>0 unit<br>

Extracted text: 1. In a Keynesian system, if the money demand function is given by M = 135 + 0.25Y-10r then a 10-unit increase in the quantity of money will cause the LM schedule to shift to the right by a. 135 units b. 40 units с. 10 units d. 100 units e. 0 unit

Jun 08, 2022
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