The IS-LM model is generally used:
A)only in the short run.
B)only in the long run.
C)both in the short run and in the long run.
D)in determining the price level.

Name: The IS-LM model is generally used: A)only in the short run. B)only in the long run. C)both in the short run and in the long run. D)in determining the price level.
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Question

Quizplus · Accepted Answer

The IS-LM model is primarily used to analyze the short-run relationship between interest rates and real output in the goods and money markets.

The IS-LM Model Is Generally Used