IS-LM model/Definition

From Citizendium
< IS-LM model
Revision as of 09:30, 3 February 2008 by imported>Nick Gardner
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.