IS-LM Analysis Represents

question 20

Multiple Choice

IS-LM analysis represents

• A) monetary policy by a shift in the LM curve and fiscal policy by a shift in the IS curve.
• B) monetary policy by a shift in the IS curve and fiscal policy by a shift in the LM curve.
• C) fiscal and monetary policies by opposite shifts in the IS curve.
• D) fiscal and monetary policies by opposite shifts in the LM curve.
• E) none of the above.

---

Definitions:

Legislative Purpose

The intent or objective behind the enactment of a specific law or statute by a legislative body.

Statutory Interpretation

The process by which courts determine the meaning of legislation and apply it to specific cases.

Stare Decisis

The legal principle of determining points in litigation according to precedent, ensuring consistency and predictability in the law.

Doctrine

A principle or body of principles presented for acceptance or belief, as by a religious, philosophical, political, scientific, or legal system.