The lm curve has a slope because a negative higher income, Ask an Expert

Economics

The LM curve has a ___________ slope because ____________.

A. negative; higher income is associated with a lower interest rate

B. positive; higher income is associated with a higher interest rate

C. negative; a lower interest rate is associated with an increase in planned expenditure

D. positive; a lower interest rate is associated with an increase in planned expenditure

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91389034

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