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elena-s [515]
3 years ago
6

Suppose that investment (l) in the goods market is not responsive to the interest rate (that is, I do not depend on the interest

rate
at all). Then

Select one:
a. The lS curve is a vertical line and
monetary policy does not affect output in the IS-LM model.
b. The iS curve is a vertical line and
monetary policy is very effective in
raising output
c. The IS curve is a horizontal line and monetary policy does not affect output in the IS-LM model.
d. The IS curve is a horizontal line and monetary policy is very effective in raising output.

= The lS curve is a vertical line and
monetary policy does not affect output in the IS-LM model.​
Business
1 answer:
Helga [31]3 years ago
5 0

Answer:

The lS curve is a vertical line and

monetary policy does not affect output in the IS-LM model.

Explanation:

The lS curve is a vertical line and

monetary policy does not affect output in the IS-LM model.

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<u>Explanation:</u>

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Answer:

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8 0
3 years ago
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hammer [34]

Answer:

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Explanation:

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