Original IS-LM model is a .......... model.
A) open
B) closed
C) both
D) none
Correct Answer:
Verified
Q1: ISLM model was basically .............. sector model:
A)two
B)one
C)three
D)four
Q2: ISLM model was firstly developed by …………
A)hansen
B)hicks
C)keynes
D)none
Q3: IS curve represents the equilibrium of .............
Q5: ISLM is used to determine:
A)income
B)interest
C)both
D)all
Q6: The goods market is otherwise referred to
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
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