Simultaneous equilibrium in the money (LM) and goods (IS) market exists:

Related MCQs

• When investment is negatively related to the rate of interest, equilibrium output in the goods market:
• LM curve shows the equilibrium condition in ---------- market
• The equilibrium in the product market is represented by which curve?
• I classical demand for money, the relationship between money supply and price level is:
• Frictional unemployment exists:
• Wages and prices do not adjust quickly to restore general equilibrium is a property of
• Who invented the General Equilibrium analysis?
• Employment equilibrium in the Classical theory is achievedthrough:
• The Cambridge version of the quantity theory of money was developed by:
• The quantity theory of money was restated by: