Which of the following statement is false?
A. The IS curve is flatter, lower the value of the Keynesian multiplier and lower the interest resistiveness of investment.
B. The IS curve is steeper lower the value of the Keynesian multiplier and lower the interest resistiveness of investment.
C. The position of LM curve depends negatively on the price level and the resistiveness of the money demand to the changes in income.
D. The LM curve is flatter, the larger the interest resistiveness of the money demand and the lower the income resistiveness of the money demand.
Answer:A
Which of the following statement is false?
A. The IS curve is flatter, lower the value of the Keynesian multiplier and lower the interest resistiveness of investment. B. The IS curve is steeper lower the value of the Keynesian multiplier and lower the interest resistiveness of investment. C. The position of LM curve depends negatively on the price level and the resistiveness of the money demand to the changes in income. D. The LM curve is flatter, the larger the interest resistiveness of the money demand and the lower the income resistiveness of the money demand.