Question
Solution
Crowding out will not happen if KM is horizontal (Liquidity trap) and when money supply is adjustable, if there is increase in government spending, there is will be rightward shift of IS curve. If money supply also changes and the shift of LM is exactly equals to shift of IS curve then there is no crowding out.
Slap on the Wrist
- Choose the option which best expresses the meaning of the idiom/phrase in bold in the sentence.
Despite all his efforts, Rajeev hit a brick wall in... An idiom/phrase is given in bold. Following this idiom/phrase are given three sentences, which use the given idiom/phrase. The idiom/phrase may or may ...
Under the weather
Choose the correct meaning of the bold idiom.
The speaker broke down in the middle of his speech.
"After weeks of hard work, Sarah finally put her feet up and relaxed."
Select the most appropriate meaning of the bold idiom in the given sentence.
Being an ardent professional, the lawyer always kept his clients a...
In each of the given questions, three sentences are given with a phrase/idiom highlighted in bold. You have to select the answer choice that s...
In the following question, a sentence is given with a phrase or idiom highlighted in bold. Select the option given below that can replace the highlight...
enlarge upon or add detail to something
