Goods and Money Market in AD-AS Model Homework Help Team for your Help
IS-LM model shows the interaction between goods and money market. It shows the equilibrium in goods and money market with the help of interest rate and income level. It seems that equilibrium level cannot be obtained unless we know the interest rate and interest rate cannot be known unless we have the income level. The goods market is represented through IS curve. The money market is represented through the LM curve.
Thus IS-LM model involves a detailed study of goods market as well as money market. It might get difficult for students to understand many concepts by themselves. Thus we have brought you a team of The Goods and Money Market in AD-AS Model Homework Help. Functioning and the interaction of both curves and effects of the shift of curves have been discussed by myhomeworkhelp.com experts.
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