In the IS-LM model, general equilibrium occurs only after employment. O the nominal money supply: LM O the AD curve, IS
Posted: Sun Jul 03, 2022 6:57 am
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-