Briefly explain whether the following statements is true or false If the demand for money is perfectly interest elastic
Posted: Thu May 26, 2022 7:32 am
Briefly explain whether the following statements is true or false
If the demand for money is perfectly interest elastic then expansionary monetary policy will be effective in raising GDP according to the IS-LM model.
If the demand for money is perfectly interest elastic then expansionary monetary policy will be effective in raising GDP according to the IS-LM model.