What is the value of the sensitivity money demand to the level of income? O a. 25 O b. 0.50 O c. 50 O d. 0.65 What is the value of the nominal supply? O a. 500 O b. 1000 O c. 1000/2 O d. 2 Which of the following is an expression representing the IS curve O a. 0.65Y = 2325 - 50i O b. 0.65Y = 2325 + 50i O c. 0.50Y = 500 + 25i O d. 0.35Y = 2325 - 50i

What is the value of the sensitivity money demand to the level of income? O a. 25 O b. 0.50 O c. 50 O d. 0.65 What is the value of the nominal supply? O a. 500 O b. 1000 O c. 1000/2 O d. 2 Which of the following is an expression representing the IS curve O a. 0.65Y = 2325 - 50i O b. 0.65Y = 2325 + 50i O c. 0.50Y = 500 + 25i O d. 0.35Y = 2325 - 50i

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 18P

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