IS-LM model was developed by:
A) keynes
B) walras
C) j.r.hicks
D) don-patinkin
Correct Answer:
Verified
Q7: The LM curve has a------slope
A)positive
B)negative
C)zero
D)none of these
Q8: ISLM model was developed by:
A)hicks
B)keynes
C)friedman
D)none of these
Q9: The perfectly elastic segment of the LM
Q10: Which policy is effective in the Classical
Q11: Which policy is effective in the intermediate
Q13: Frictional unemployment exists:
A)when there is a decrease
Q14: The natural rate of unemployment equals the
Q15: The marginal productivity of labour is:
A)the incremental
Q16: The marginal productivity of labour:
A)increases when the
Q17: When saving is greater than investment in
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