How do monetarists view the slopes of the IS and LM curves compared to Keynesians? According to monetarists, the IS curve should be while the LM curve should be .

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relatively flat; sharply slopedrelatively flat; relatively flatsharply sloped; relatively flatsharply sloped; sharply sloped

Explanation

Monetarists argue that the IS curve is relatively flat because investment is highly sensitive to interest rates, while the LM curve is steep due to the strong demand for money as income rises. This contrasts with Keynesian views, which often assume different slopes for these curves.

How do monetarists view the slopes of the IS and LM curves compared to Keynesians? According to monetarists, the IS curve should be __________ while the LM curve should be __________.

Explanation

How do monetarists view the slopes of the IS and LM curves compared to Keynesians? According to monetarists, the IS curve should be while the LM curve should be .