Question

Which of the following statements is/are correct with reference to, Intersection of IS and LM curve corresponds to – 1.      Equilibrium in the real sector 2.      Equilibrium in the monetary sector 3.      Liquidity trap necessarily 4.      Walrasian general equilibrium

A 1 and 3
B 1 and 2
C 2,3 and 4
D 1 and 4
E All
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