Question:

In which of the following situations will an increase in the money supply have no effectupon output?

A.

lm is steeply sloped and is is steeply sloped

B.

lm is vertical and is is steeply sloped

C.

lm is steeply sloped and is is vertical

D.

lm is relatively flat as is is

Answer» c. lm is steeply sloped and is is vertical