Economics · Macroeconomics
What does the Hicks-Hansen IS-LM analysis demonstrate?
- 1The money market and goods market operate completely independently.
- 2Simultaneous equilibrium is achieved in both the goods market and the money market.✓
- 3Equilibrium is established only in the money market.
- 4Equilibrium is established only in the goods market.
Correct answer
Simultaneous equilibrium is achieved in both the goods market and the money market.
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics