Concept
Version 6
Created by Boundless
The Slope of the Aggregate Demand Curve
IS-LM Model
The IS-LM model takes investments and savings and compares that to liquidity and the overall money supply. It is highly useful in understanding macroeconomics from a Keynesian perspective. Interest rates (i) are on the vertical axis, and output (y) is on the horizontal axis.
Source
Boundless vets and curates high-quality, openly licensed content from around the Internet. This particular resource used the following sources: