lm curve การใช้
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- The extent of any crowding out depends on the shape of the LM curve.
- Therefore, he suggests removing the LM curve and replacing it with the MP curve.
- Changes in these variables in the opposite direction shift the LM curve in the opposite direction.
- David Romer proposed in 2000 that the LM curve be replaced in the IS LM model.
- A shift in the IS curve along a relatively flat LM curve can increase output substantially with little change in the interest rate.