Question #48598

Keynesians and monetarists differ over how steep the IS and LM curves actually are Monetarists claim that the IS curve must be __________ and the LM curve must be __________?


Options:

Answer: Keynesians and monetarists differ over how steep the IS and LM curves actually are Monetarists claim that the IS curve must be flat; steep and the LM curve must be flat; steep.

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