Question:

Simultaneous equilibrium in the money (LM) and goods (IS) market exists:

A.

at an unlimited number of output levels and rates of interest

B.

at only one output level and rate ofinterest

C.

at an unlimited number of output levels and only one rate of interest

D.

at only one output level and an unlimited number of rates of interest

Answer» b. at only one output level and rate ofinterest