Multiple Choice
The IS curve may be interpreted as showing the:
A) interest rate that equates money supply and demand for given income.
B) income level that equates money supply and demand for given interest rate.
C) interest rate that equilibrates the market for loanable funds for given income.
D) amount of loanable funds that will be demanded for given interest rate and income.
Correct Answer:
Verified
Correct Answer:
Verified
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