With respect to IS-LM model, which of the following factors is held constant when combining the IS and LM curves to generate the aggregate demand curve? A) Real money supply
B) Nominal money supply
Thank you
With respect to IS-LM model, which of the following factors is held constant when combining the IS and LM curves to generate the aggregate demand curve? A) Real money supply
B) Nominal money supply
Thank you
Real money supply.
Thank you
My pleasure.
Correct me if i am wrong but dont you hold the nominal money supply constant and observe the inverse relationship between change in the real money supply and price level?
I have trouble understanding the IS, LM curve. Can any of you point me to any material or video that helped in this topic? If you can explain it, that would be great help as well.