3237EconomicsMedium
Each point on the LM curve represents the equilibrium point in the?
Agoods market for the given interest rate
Bmoney market for different combinations of interest rates and output
Cgoods market for the given level of government spending
Dmoney market for the given level of the money supply
Correct answer
B. money market for different combinations of interest rates and output
Explanation
The correct answer is money market for different combinations of interest rates and output.