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The Intersection of the IS* and LM* Curves Shows the ______

Question 15

Multiple Choice

The intersection of the IS* and LM* curves shows the ______ and the ______ at which both the goods market and the money market are in equilibrium.


A) interest rate; price level
B) price level; exchange rate
C) level of output; exchange rate
D) level of output; price level

Correct Answer:

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