“Create an IS-LM graph titled Central Bank Rate Policy with an IS curve intercept of 12 and slope minus 1, and an LM curve intercept of 2 and slope 1.”
그 이면의 의사결정을 읽어 보세요.
represent goods-market balance.
represent money-market balance.
identify joint output and rate equilibrium.
Use this model to explain introductory monetary and fiscal policy mechanics.
자주 묻는 질문
What is the IS curve?
It shows income and interest-rate combinations consistent with goods-market equilibrium.
What is the LM curve?
It shows income and interest-rate combinations consistent with money-market equilibrium.
What does their intersection show?
It shows the output and interest-rate combination where both modeled markets are in equilibrium.