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)
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ISBN:9781337617383
Author:Roger A. Arnold
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Chapter10: Keynesian Macroeconomics And Economic Instability: A Critique Of The Self Regulating Economy
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  1. 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

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