The following curves represent an equilibrium in which markets? Match the curves with the type of equilibrium.
I.Money market equilibrium
II.Balance of payments equilibrium
III.Goods market equilibrium
A) IS, BP, LM
B) LM, BP, IS
C) BP, IS, LM
D) LM, IS, BP
Correct Answer:
Verified
Q6: Which of the following factors shifts the
Q7: A change in fiscal policy shifts the:
A)
Q8: Typically,the LM curve is:
A) Horizontal
B) Vertical
C) Downward-sloping
D)
Q9: If the Fed decreases money supply,
A) the
Q10: Which of the following is not one
Q12: Typically,the IS curve is:
A) Horizontal
B) Vertical
C) Downward-sloping
D)
Q13: Under fixed exchange rates,when a central bank
Q14: A change in the monetary policy shifts
Q15: Use this graph to answer questions 21
Q16: With flexible exchange rates,a decrease in money
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