asked 3.0k views
9 votes
Find the slope of the LM on the graph​

Find the slope of the LM on the graph​-example-1
asked
User Gaurav K
by
8.2k points

1 Answer

13 votes
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.
answered
User Kimberley
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.