Multiple Choice
The equilibrium in the product market is represented by which curve?
A) IS
B) LM
C) Demand
D) Supply curve
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: The IS curve has a ------slope<br>A)Positive<br>B)Negative<br>C)Zero<br>D)None of
Q10: Frictional unemployment exists:<br>A)When there is a decrease
Q11: In MV=PT, if M doubles and V
Q12: An Economic model is a statement of
Q13: Pigou's version of Cambridge equation is:<br>A)M =
Q15: Which policy is effective in the Classical
Q16: The LM curve has a ----- slope<br>A)Positive<br>B)Negative<br>C)Zero<br>D)None
Q17: ISLM model was developed by:<br>A)Hicks<br>B)Keynes<br>C)Friedman<br>D)None of these
Q18: When there is an increase in the
Q19: LM curve shows the equilibrium condition in