Author Question: If the central bank follows a monetary policy in which it maintains a fixed interest rate, then ... (Read 332 times)

oliviahorn72 · **on:** Jun 30, 2018

If the central bank follows a monetary policy in which it maintains a fixed interest rate, then

a. the LM curve will get steeper.
b. the IS curve will get steeper.
c. the LM curve will become vertical.
d. the LM curve will become horizontal.
e. none of the above.

Question 2

The children of indentured females were not the property of the master or owner of the indentured servant. This was an important difference between indentured servants and slaves.

Indicate whether the statement is true or false