Find the slope of the LM on the graph

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asked Oct 26, 2023 3.0k views

9 votes

Find the slope of the LM on the graph

Mathematics
high-school

Gaurav K asked

by 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 answered Oct 31, 2023

by Kimberley

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