Question

If the investment demand curve is vertical–
(A) both monetary and fiscal policy are ineffective
(B) both monetary and fiscal policy are effective
(C) monetary policy is effective but fiscal policy is ineffective
(D) monetary policy is ineffective but fiscal policy is effective

Answer 1

minetary policy is ineffective but fiscal policy is effective

Answer 2

$\Large{\underline{\underline{\bf{Answer:-}}}}$

Monetary policy is ineffective but fiscal policy is effective.