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Find the slope of the LM on the graph
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Oct 26, 2023
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Find the slope of the LM on the graph
Mathematics
high-school
Gaurav K
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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.
Kimberley
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Oct 31, 2023
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