What main feature of the classical IS-LM model distinguishes it from the Keynesian IS-LM model? Why is

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What main feature of the classical IS-LM model distinguishes it from the Keynesian IS-LM model? Why is the distinction of practical importance?

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Macroeconomics

ISBN: 978-0321675606

6th Canadian Edition

Authors: Andrew B. Abel, Ben S. Bernanke, Dean Croushore, Ronald D. Kneebone

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Question Posted: Apr 01, 2016 03:54 AM

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What main feature of the classical IS-LM model distinguishes it from the Keynesian IS-LM model? Why is

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Macroeconomics

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