Points on the IS curve satisfy ________ market equilibrium
A) money
B) goods
C) stock
D) bond
B
Economics
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For a consumer to maximize utility, he will choose the
a. point where the slope of the budget line equals the slope of the indifference curve. b. any point where the budget line and indifference curve intersect. c. point where he gets the most of the good he prefers most. d. point where the marginal rate of substitution is greatest. e. the point where marginal utility is zero for both goods
Economics
Why does the numerical value of the multiplier fall when an income tax is added to the income-expenditure model?
Economics