The New Term Introduced in the Extended IS-LM Model Is

question 50

Multiple Choice

The new term introduced in the extended IS-LM model is

• A)risk premium.
• B)nominal interest rate.
• C)taxes.
• D)G)

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Definitions:

Consultative Function

A consultative function involves advising or providing expert recommendations to individuals or organizations, typically in decision-making processes.

System Integration

The process of linking together different computing systems and software applications functionally, to act as a coordinated whole.

IS Skills

Information Systems Skills, encompassing the abilities and knowledge required to develop, manage, and use information systems effectively in organizations.

Strategic IS

Information systems that are developed in response to corporate strategy, playing a key role in enabling organizations to achieve their long-term goals.