- In The Is Lm Model General Equilibrium Occurs Only After Employment O The Nominal Money Supply Lm O The Ad Curve Is 1 (9.87 KiB) Viewed 13 times
In the IS-LM model, general equilibrium occurs only after employment. O the nominal money supply: LM O the AD curve, IS
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In the IS-LM model, general equilibrium occurs only after employment. O the nominal money supply: LM O the AD curve, IS
In the IS-LM model, general equilibrium occurs only after employment. O the nominal money supply: LM O the AD curve, IS O the price level; LM O the price level; 15 fully adjusts, which shifts the curve until the economy returns to full-