One of the limitations of the ISLM model was:
A) static nature
B) open model
C) price is exogenous
D) all
Correct Answer:
Verified
Q7: The relationship between income and interest in
Q8: The relationship between income and interest in
Q9: The tax cut shift the IS curve
Q10: Increase in Government expenditure shift IS curve
Q11: Decrease in money supply shift the LM
Q13: Who develop the ISLM open economy model?
A)mundell
B)fleming
C)both
D)none
Q14: For an open economy model which curve
Q15: A temporary unemployment which exists during the
Q16: When more workers are engaged in a
Q17: The position of IS curve depends on---
A)rate
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