If the IS Curve Is Given by Y = 1,700

question 81

Multiple Choice

If the IS curve is given by Y = 1,700 - 100r and the LM curve is given by Y = 500 + 100r, then equilibrium income and interest rate are given by:

• A) Y = 1,100, r = 6 percent.
• B) Y = 1,200, r = 5 percent.
• C) Y = 1,000, r = 5 percent.
• D) Y = 1,100, r = 5 percent.

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Definitions:

Homosexual Melancholy

An obsolete psychoanalytic term historically used to describe a sense of sadness or depression believed to be experienced by homosexual individuals, reflecting outdated and discriminatory views.

Homosexual Panic

A dated and controversial term related to an extreme emotional reaction or behavior triggered by same-sex attraction, often used in legal defense.

Epistemology of the Closet

A concept in queer theory that explores how knowledge, truth, and secrecy shape the discourse around sexuality.

Heterosexual Matrix

A concept suggesting that gender identity and sexual orientation are not independent, and that societal norms enforce heterosexuality as natural.