IS-LM model/Definition

From Citizendium
< IS-LM model
Revision as of 16:55, 22 May 2008 by imported>John Dvorak (Template:Def IS/LM model moved to IS/LM model/Definition: Moving_definition)
Jump to navigation Jump to search

a model of simultaneous equilibrium in the product and money markets - shown graphically as two intersecting interest rate/spending graphs, one depicting the investment/savings (I/S) relation and the other the liquidity/money (L/M) supply relation.