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navik [9.2K]
3 years ago
8

One policy response to the u.s. economic slowdown of 2001 was tax cuts. this policy response can be represented in the is–lm mod

el by shifting the ______ curve to the ______.
Business
1 answer:
siniylev [52]3 years ago
6 0
Policy response can be signified in the IS-LM model by instable the IS curve to the right. The IS-LM model is a viewpoint for a macroeconomic ideal that displays how the market for economic goods interrelates with the loanable assets market or money market and it is signified as a chart in which the IS and LM curve interconnect to display the short-run.
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