Question:
The demand for money L=0.25 Y and the supply of money \(\frac{\overline{M}}{P}\)=500. In this case
The demand for money L=0.25 Y and the supply of money \(\frac{\overline{M}}{P}\)=500. In this case
Updated On: Sep 1, 2024
- the LM curve is vertical and defined by Y = 2000 and this defines the classical case
- the LM curve is vertical and defined by Y=125 and this defines the case of liquidity trap
- the LM curve is upward sloping and defined by Y = 2000
- the LM curve is horizontal and defined by Y = 2000 and this is a case of liquidity trap
Hide Solution
Verified By Collegedunia
The Correct Option is A
Solution and Explanation
The correct answer is (A) : the LM curve is vertical and defined by Y = 2000 and this defines the classical case.
Was this answer helpful?
1
0
Top Questions on Demand analysis
- When the price of a good falls from Rs 30 to Rs 25, the consumer continues to purchase the same quantity of the good. What will be the price elasticity of demand for this good?
- CUET (UG) - 2024
- Economics
- Demand analysis
- In the given figure what will happen to aggregate demand curve (AD) when autonomous investment increases.
- CUET (UG) - 2023
- Economics
- Demand analysis
- One of the following function is performed by the government it if intervenes either to expand demand or to reduce it. Select the correct answer.
- CUET (UG) - 2023
- Economics
- Demand analysis
- Based on the following diagram answer the question:
Identify the reason for shifting of the Aggregate Demand (AD) curve from AD1 to AD2- CUET (UG) - 2023
- Economics
- Demand analysis
- Based on the following diagram answer the question:
The gap E'F in the diagram indicate- CUET (UG) - 2023
- Economics
- Demand analysis
View More Questions
Questions Asked in CUET PG exam
- Find out the degree of the differential equation \(\frac {d^2t}{ds^2}+(\frac {dt}{ds})^2+2t=0\)
- CUET (PG) - 2023
- Differential Equations
- The surface area of the sphere x2 + y2 + z2 = 9 lying inside the cylinder x2 + y2 = 3y is
- CUET (PG) - 2023
- Surface Area of Cube, Cuboid and Cylinder
- The Ombudsman in a newspaper organisation represents the point of view of the ___.
- CUET (PG) - 2023
- Journalism
- The orthogonal trajectories of the family of curves y = \(ax^3\) is
- The minimum distance of the point (3, 4, 12) from the sphere x2 + y2 + z2 = 1 is
- CUET (PG) - 2023
- Coordinate Geometry
View More Questions