Solved

The Curve Which Relates the Level of Income with the Rate

Question 18

Multiple Choice

The curve which relates the level of income with the rate of interest which is determined by money- market equilibrium corresponding to different levels of demand for money is known as


A) is curve
B) lm curve
C) income curve
D) none of the above.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

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

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

Q16: Decrease in money supply shift the LM

Q17: The relationship between income and interest in