Which of the following is not an assumption of the IS/LM model? Short-run model Interaction between money and goods market There are unemployed resources Prices are sticky Demand is passive
Which of the following is not an assumption of the IS/LM model? Short-run model Interaction between money and goods market There are unemployed resources Prices are sticky Demand is passive
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter10: Keynesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy
Section: Chapter Questions
Problem 20QP
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Which of the following is not an assumption of the IS/LM model?
Short-run model
Interaction between money and goods market
There are
unemployed resourcesPrices are sticky
Demand is passive
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