Question
At points above the LM curve, there is an _____ and at points below the IS curve there is an _____. A. excess supply of
At points above the LM curve, there is an _____ and at points below the IS curve there is an _____.
A. excess supply of money; excess aggregate demand for goods
B. excess aggregate demand for goods; excess supply for money
C. deficient aggregate demand for goods; excess demand for money
D. excess demand for money; deficient aggregate demand for goods
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Intermediate Microeconomics
Authors: Hal R. Varian
8th edition
393934241, 978-0393934243
