Exam (elaborations)
Module 4 Quiz.d
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Module 4 Quiz Quiz, 10 questions Question 1 1 point 1. Question 1 Central banks have perfect control over the money supply in their economies. True False Question 2 1 point 2. Question 2 The nominal interest rate is a better measure of the opportunity cost of holding money than the real interest rate because in addition to the real interest rate it includes the loss of money’s value due to inflation. True False Question 3 1 point 3. Question 3 This study source was downloaded by from CourseH on :25:45 GMT -05:00 How does an increase in the money supply affect the LM curve? The LM curve remains unaffected. The LM curve becomes steeper. The shift in the LM curve depends on the foreign money supply.
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Institution
University Of Texas - Arlington
Course
MODULE 4
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University Of Texas - Arlington
- Course
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MODULE 4
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