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Plx can anyone help me with this question? (Economics's Blog)

College-Cram.com:: Economics:: Plx can anyone help me with this question? (Economics's Blog)

February 22, 2009

Let the real money demand in the economy equal LD = 10 + 2Y – 8r. The price level P is fixed at P = 1. Y is the level of output and r is the rate of interest. What is the LM curve for this economy?

Keywords: LM curve, LM curve

Posted by WWps @ Economics

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