Why does the LS curve slope downward? Why does the LM curve slope upward? | Cheap Nursing Papers
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Why does the LS curve slope downward? Why does the LM curve slope upward?

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  1. Why does the LS curve slope downward?
  2. Why does the LM curve slope upward?
  3. Use the theory of liquidity preference to explain why an increase in the money supply lowers the interest rate. What does this explanation assume about the price level?

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