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Graphical Questions and Answers
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Chapter 24 IS-LM analysis

Use the graphing tool below to answer the following questions. The answers can be downloaded at the bottom of the page.

  1. Illustrate macroeconomic equilibrium using IS-LM analysis.
  2. Illustrate the impact on the equilibrium following a general reduction in taxation.
  3. Illustrate how the central bank might respond response if it feared that lower taxes might fuel demand-pull inflation.

Click here for full instructions on how to use the graphing tool Graphing tool instructions (71.0K)

Download the answers (the zipped folder contains a Word and PDF version): Chapter 24 Graphical Question (20.0K)





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Begg, Economics 9eOnline Learning Center

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