Any point on the IS curve describes that (a) there is no excess demand for money. (b)

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Any point on the IS curve describes that

(a) there is no excess demand for money.

(b) there is no excess demand for goods.

(c) there is neither excess supply nor excess demand for goods.

(d) there is both excess supply and excess demand for goods.

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Macroeconomics

ISBN: 9780124080669

2nd Edition

Authors: Debes Mukherjee

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Question Posted: Nov 15, 2024 06:00 AM

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Any point on the IS curve describes that (a) there is no excess demand for money. (b)

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Macroeconomics

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