6. At the intersection of the IS and LM curves, a. the economy is at full employment....

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6. At the intersection of the IS and LM curves,

a. the economy is at full employment.

b. the economy has the right balance of inflation and unemployment.

c. the goods market and money market are both in equilibrium.

d. the goods market disequilibrium offsets the money market disequilibrium.

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Macroeconomics

ISBN: 9781319263904

11th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 30, 2024 08:00 AM

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6. At the intersection of the IS and LM curves, a. the economy is at full employment....

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Macroeconomics

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