The LM curve shows equilibrium in the _______ market at various levels of interest rates and GDP.
A) forex
B) goods
C) equities
D) money

Question

Quizplus · Accepted Answer

The LM curve shows equilibrium in the money market at various levels of interest rates and GDP. The curve represents the combinations of interest rates and output levels at which the demand for money equals the supply of money, establishing the equilibrium in the money market.

The LM Curve Shows Equilibrium in the _______ Market at Various