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In the Keynesian Model

Question 23

Multiple Choice

In the Keynesian model,


A) the IS curve shows all points of informational symmetry between buyers and sellers
B) the IS curve represents international symbiosis between economies
C) the LM curve shows equilibrium positions in the goods market
D) the LM curve gives the locus of points at which imports equal exports
E) the LM curve shows where the supply and demand for money are equal

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