Changes in consumer confidence affect the IS-LM model equilibrium
the verdict
SUPPORTED
the evidence backs this
refutedsupported
the weight of evidence
1 source for · 0 against
AS REPORTEDno primary record reached; this is what the reporting says
Macroeconomic textbook literature confirms that shifts in the economic environment, such as changes in consumer confidence, affect the equilibrium of the IS-LM model.
Goods and Financial Markets: The IS-LM Model 4 nage re 5-6 ae The IS-LM Model Equilibrium in the goods market … with the implications of the IS-LM model. This does not prove that the IS-LM model is the right model. It … that changes in policy and changes in the economic environment—from changes in consumer confidence to changes