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lef"V&vFkZ'kkL=k osQ fl¼kar
uksV fp=k 19-3 eas ¯cnq E ij ,d lkFk larqyu dks fn[kk;k x;k tgk¡ oLrq cktkj rFkk eqnzk cktkj nksuksa feyrs gSaA
1
eku yks fd pkyw vk; Lrj Y dh vis{kk Y gSA bldk vFkZ ,d ,slh fLFkfr gS ftlesa eqnzk dh ek¡x ?kV xbZ
2 1
gS rFkk eqnzk cktkj esa larqyu C;kt nj (r ) fuEUk Lrj ij gS tks fd LM oØ ij fLFkr ¯cnq E osQ vuq:i gSA
2 2
vc tcfd C;kt nj ?kV xbZ gS vFkZO;oLFkk esa vfèkd fuos'k O;; dh ;kstuk cuk;h tk,xhA fuos'k xq.kd dh
izfØ;k osQ dkj.k vk; esa o`f¼ gksxhA vc vFkZO;oLFkk ¯cnq E dks f[kld tk,xh rFkk vk; c<+ dj Y gks
3 3
tk,xkA ¯drq vk; osQ mPp Lrj dk vFkZ mPp eqnzk ek¡x dk gksuk gS rFkk mlosQ vuq:i eqnzk cktkj esa mPp C;kt
nj larqyu dk ik;k tkuk gSA rnuqlkj fuos'k O;; ?kVsxk ftldk vFkZ ;g Lrj esa dbZ xq.kk vfèkd fxjkoV dk
gksuk gSA lek;kstu dh ;g izfØ;k rc rd pyrh jgsxh tc rd fd vFkZO;oLFkk vius vkjafHkd larqyu ¯cnq
E ij ugha igq¡p tkrh] tgk¡ oLrq cktkj rFkk eqnzk cktkj nksuksa ,d lkFk larqfyr gks tkrs gSa vFkkZr~ r C;kt nj
1 1
dk larqyu Lrj rFkk Y vk; dk larqyu LrjA
2
IS rFkk LM oØ esa f[kldko rFkk larqyu esa ifjorZu
(Shift in the IS and LM Curve and Change in Equilibrium)
okLrfod rFkk ekSfnzd {ks=kksa osQ larqyu esa ifjorZu rc gksxk tc ;fn IS oØ rFkk LM oØ vFkok nksuksa esa
f[kldko gksxkA tSls fd geus igys O;Dr fd;k gS fd oqQy O;; osQ Lok;Ùk ?kVd esa o`f¼ osQ dkj.k IS oØ
dk f[kldko nkb± vksj gksrk gSA oqQy O;; osQ Lok;Ùk ?kVd esa deh osQ dkj.k IS oØ dk f[kldko ckb± vksj
gksrk gSA ;fn LM oØ fn;k gqvk gS] rc IS oØ osQ nkb± vksj f[kldko osQ dkj.k okLrfod GDP vkSj C;kt
dh nj osQ la;ksx ls mPp larqyu vkrk gSA ;fn IS oØ dk f[kldko ckb± vksj gksrk gS rc blosQ dkj.k okLrfod
GDP rFkk C;kt dh nj osQ la;ksx ls fuEu larqyu vkrk gSA eqnzk iw£r esa o`f¼ osQ dkj.k LM oØ dk f[kldko
nkb± vksj gksrk gS vkSj eqnzk iw£r eas deh osQ dkj.k LM oØ dk f[kldko ckb± vksj gksrk gSA fn, gq, IS oØ
ij LM oØ osQ nkb± vksj f[kldus osQ dkj.k okLrfod GDP eas o`f¼ gksrh gS C;kt dh nj ?kVrh gS vkSj LM
oØ osQ ckb± vksj f[kldus osQ dkj.k okLrfod GDP ?kVrk gS C;kt dh nj c<+rh gSA fp=k 19-4 (A) izdV djrk
gS fd IS oØ esa f[kldko osQ dkj.k okLrfod GDP rFkk C;kt dh nj esa ifjorZUk vkrk gSA izkjafHkd larqyu
dks ¯cnq E ij izdV fd;k x;k gS tgk¡ IS = LMA fuos'k O;; esa tSls gh o`f¼ gksrh gS IS oØ f[kld dj
IS, gks tkrk gSA u;k larqyu ¯cnq E ij gSA larqyu ¯cnq E osQ vuq:i okLrfod GDP rFkk C;kt dh nj
1 1d
Øe'k% OY rFkk Or gSa tks izkjafHkd okLrfod GDP rFkk izkjafHkd C;kt dh nj ls vfèkd gSA Lok;Ùk fuos'k
1 1
osQ de gksus ls IS oØ ljddj IS ls IS gks tkrh gSA larqyu Hkh ¯cnq E ls ljddj E gks tkrk gSA blosQ
2 2
vuq:i okLrfod GDP Lrj OY vkSj C;kt dh nj Or gS tks izkjafHkd okLrfod GDP rFkk izkjafHkd C;kt
2 2
dh nj ls de gSA
VkLd ^oLrq rFkk eqnzk esa ,d lkFk larqyu* ij vius fopkj O;Dr dhft,A
fp=k 19-4 (B) izdV djrk gS fd LM oØ esa f[kldko fdl izdkj okLrfod GDP rFkk C;kt dh nj dks
izHkkfor djrk gSA izkjafHkd larqyu ¯cnq E ij gSA eqnzk iw£r eas o`f¼ gksus ls LM oØ ljd dj LM gks tkrh
1
gSA u;k larqyu ¯cnq E gS tks OY osQ cjkcj GDP osQ mPp Lrj dks vkSj Or osQ cjkcj C;kt nj osQ fuEu
1 1 2
Lrj dks O;Dr djrk gS eqnzk iw£r osQ de gksus ls LM oØ ljd dj LM gks tkrh gSA larqyu ljd dj ¯cnq
2
E ij vk tkrk gS tks fuEu GDP Lrj OY rFkk mPPk C;kt nj Or dks O;Dr djrk gSA
2 2 1
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