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Question #48563

Each point on the LM curve represents the equilibrium point in the ?

Options:

A) money market for the given level of the money supply

B) money market for different combinations of interest rates and output

C) goods market for the given level of government spending

D) goods market for the given interest rate

Answer: Each point on the LM curve represents the equilibrium point in the money market for different combinations of interest rates and output.

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