Q.

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

A. At an unlimited number of output levels and rates of interest
B. At only one output level and rate of interest
C. At an unlimited number of output levels and only one rate of interest
D. At only one output level and an unlimited number of rates of interest
Answer» B. At only one output level and rate of interest
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Micro Economics 1

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