At Westonci.ca, we make it easy to get the answers you need from a community of informed and experienced contributors. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform. Connect with a community of professionals ready to help you find accurate solutions to your questions quickly and efficiently.

Find the slope of the LM on the graph​

Find The Slope Of The LM On The Graph class=

Sagot :

The slope of the LM curve is the coefficient of Y, k over h, or the income sensitivity of demand for real money over the interest sensitivity of demand for real money. This ratio is important for monetary policy.