UGC NET Economics Q72

Question

Match List-I with List-II:
List-I (Property)
(A) Investment is unresponsive to interest rates (inelastic)
(B) Demand for money is perfectly elastic with respect to interest rates
(C) Demand for money is perfectly inelastic with respect to interest rates
(D) Investment is highly responsive to interest rates (elastic)
List-II (Type of Curve)
(I) Relatively horizontal IS curve
(II) Vertical LM curve
(III) Horizontal LM curve
(IV) Vertical IS curve
Choose the correct answer from the options given below:

Accepted Answer

(A)-(IV), (B)-(III), (C)-(II), (D)-(I)