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Level 7
· ◆◆◆ · ~13 min
IS-LM: The Machine Assembled
IS-LM: The Machine Assembled
"Bolt the goods market to the money market and you get macro's workhorse — the model every central bank still argues with."
investment and the interest ratethe IS curvethe LM relationfiscal vs monetary policythe policy mix
A short lesson, then a quiz. ❤️×3 — a wrong answer costs a heart; finish with at least one left and the level is yours. Lose all three and you'll have to try again. Replay any time — XP and cleared levels are never lost.