How does money not plan any role in the real sector?
In my book it says that IS-LM model connects the real sector of the economy, where money does not play any role, to the monetary sector.
I really don't understand why money doesn't play any role
- OiyLv 61 month ago
How has the LM come from? Your IS is the real sector, and it has to cut LM for equilibrium. Otherwise,it won‘t be any economy.
- LizLv 61 month ago
You might be interested in reading the article on the website below which discusses money.Source(s): wol.jw.org/g 9/15 A Balanced View of Money