Business, 12.07.2019 22:10, qiuedhg

Consider a closed economy that adheres to the standard keynesian model. let c0 > m. suppose that individuals’ demand to hold real money balances becomes less sensitive to changes in gdp and becomes more sensitive to changes in the interest rate. what impact will this have on the lm curve?

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Consider a closed economy that adheres to the standard keynesian model. let c0 > m. suppose that...