Multiple Choice
The position of IS curve depends on---
A) rate of interest,
B) rate of investment,
C) autonomous expenditure
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Q5: ISLM model was basically .............. sector model:<br>A)two<br>B)one<br>C)three<br>D)four
Q6: Original IS-LM model is a .......... model.<br>A)open<br>B)closed<br>C)both<br>D)none
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
Q11: For an open economy model which curve
Q12: Increase in Government expenditure shift IS curve
Q13: One of the limitations of the ISLM
Q14: The tax cut shift the IS curve
Q15: When more workers are engaged in a