Which of the following is true of the relationship between the IS curve and the AD curve?
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JNU SIS 2019 Question 33: IS-LM model
Answer and worked solution
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IS-LM model has come up 137 times in 7 exams since 2004.
What this question tests
This question is on Deriving aggregate demand from IS-LM, part of IS-LM model in Macroeconomics.
How varying the price level in IS-LM traces out the aggregate demand curve.
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