📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    Question

    Which market does the IS curve represent the equilibrium

    in?
    A Labor market Correct Answer Incorrect Answer
    B Goods market Correct Answer Incorrect Answer
    C Money market Correct Answer Incorrect Answer
    D Foreign exchange market Correct Answer Incorrect Answer

    Solution

    The IS curve shows combinations of interest rates and output levels where the goods market is in equilibrium.

    Practice Next
    ask-question

    Not sure which exam is best for you Talk to our expert

    Get My Free Call