Statements (28)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
macroeconomic concept
|
| gptkbp:assumes |
fixed price level
closed economy (in basic form) |
| gptkbp:dependsOn |
income
money supply interest rate liquidity preference |
| gptkbp:describes |
combinations of interest rates and levels of real income
|
| gptkbp:horizontal_axis |
real income
|
| https://www.w3.org/2000/01/rdf-schema#label |
LM curve
|
| gptkbp:influenced |
aggregate demand
|
| gptkbp:introduced |
gptkb:John_Hicks
1937 |
| gptkbp:mathematical_form |
M/P = L(i, Y)
|
| gptkbp:relatedTo |
gptkb:IS_curve
|
| gptkbp:shifts_when |
money demand changes
money supply changes |
| gptkbp:shows |
equilibrium in the money market
|
| gptkbp:standsFor |
Liquidity preference-Money supply curve
|
| gptkbp:used_in |
gptkb:Keynesian_economics
gptkb:IS-LM_model macroeconomic analysis |
| gptkbp:usedFor |
analyzing fiscal policy
analyzing monetary policy |
| gptkbp:vertical_axis |
interest rate
|
| gptkbp:bfsParent |
gptkb:Mundell–Fleming_model
gptkb:IS-LM_model |
| gptkbp:bfsLayer |
6
|