Suppose that investment (l) in the goods market is not responsive to the interest rate (that is, I do not depend on the interest rate at all). Then

Select one:
a. The lS curve is a vertical line and
monetary policy does not affect output in the IS-LM model.
b. The iS curve is a vertical line and
monetary policy is very effective in
raising output
c. The IS curve is a horizontal line and monetary policy does not affect output in the IS-LM model.
d. The IS curve is a horizontal line and monetary policy is very effective in raising output.

= The lS curve is a vertical line and
monetary policy does not affect output in the IS-LM model.

The lS curve is a vertical line and

monetary policy does not affect output in the IS-LM model.

Explanation:

The lS curve is a vertical line and

monetary policy does not affect output in the IS-LM model.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.

it is a i took the test.