In June 2024
Answer to Question #142884 in Macroeconomics for John
IS-LM model (investment - savings, liquidity preference - money) - model commodity - monetary balance, allowing to identify economic factors, determining the aggregate demand function. The model allows you to find such combinations market interest rate R and income Y, at which
balance in the commodity and money markets. Therefore, the IS-LM model is a concretization of the AD-AS model.
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