The simplest ISLM model consists of:
A) Two markets
B) Three markets
C) Four markets
D) Five markets
Correct Answer:
Verified
Q5: The law which states that supply creates
Q6: Wages and prices do not adjust quickly
Q7: When there is an increase in the
Q8: An Economic model is a statement of
Q9: LM curve shows the equilibrium condition in
Q11: The equilibrium in the product market is
Q12: The IS curve has a ------slope
A)Positive
B)Negative
C)Zero
D)None of
Q13: The LM curve has a ----- slope
A)Positive
B)Negative
C)Zero
D)None
Q14: ISLM model was developed by:
A)Hicks
B)Keynes
C)Friedman
D)None of these
Q15: The perfectly elastic segment of the LM
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents