Hi, I know the answer to #44 is D because LM curve shows combinations for equilibrium and does not determine them. However, why is #45 C? Doesn’t the IS-LM curve also just show combinations of equilibrium instead of determining them?
Hi, I know the answer to #44 is D because LM curve shows combinations for equilibrium and does not determine them. However, why is #45 C? Doesn’t the IS-LM curve also just show combinations of equilibrium instead of determining them?