A change in monetary policy has a larger effect on aggregate ...

[jhjkgdfhk]

A change in monetary policy has a larger effect on aggregate demand the
 
  a. flatter the LM curve.
  b. the less elastic money demand.
  c. more elastic money demand.
  d. steeper the IS curve.
  e. the steeper the LM curve.

Question 2

Keynesians would argue that:
 
  a. information is inherently limited.
  d. individuals have limited ability to process information when making decisions.
  c. people often make mistakes even with appropriate information.
  d. all of the above.
  e. none of the above.

[LP]

Answer to Question 1

E

Answer to Question 2

D

[jhjkgdfhk]

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