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Those economists who believe that monetary policy is more potent than fiscal policy argue that the:
A) Responsiveness of money demand to the interest rate is large.
B) Responsiveness of money demand to the interest rate is small.
C) IS curve is nearly vertical.
D) LM curve is nearly horizontal.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9605812

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