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  2. Topic
    Business
  3. Study Set
    Macro Economics 2
  4. Exam
    Exam 2: Business Cycles, IS-LM Model, and Open Economy Model
  5. Question
    Original IS-LM Model Is a .......... Model
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Original IS-LM Model Is a .......... Model

Question 6

Question 6

Multiple Choice

Original IS-LM model is a .......... model.


A) open
B) closed
C) both
D) none

Correct Answer:

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Q1: A temporary unemployment which exists during the

Q2: Who develop the ISLM open economy model?<br>A)mundell<br>B)fleming<br>C)both<br>D)none

Q3: IS curve represents the equilibrium of .............

Q4: The goods market is otherwise referred to

Q5: ISLM model was basically .............. sector model:<br>A)two<br>B)one<br>C)three<br>D)four

Q7: The relationship between income and interest in

Q8: ISLM is used to determine:<br>A)income<br>B)interest<br>C)both<br>D)all

Q9: ISLM model was firstly developed by …………<br>A)hansen<br>B)hicks<br>C)keynes<br>D)none

Q10: The position of IS curve depends on---<br>A)rate

Q11: For an open economy model which curve

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