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iekweI-21: IS-LM PRymvrk dy iBn kwrkW dy qhq ivqIA nIiqAW dw pRBwv

ibAwj dr lotky Apxy SuruAwqI p`Dr Or qy itk jWdI hY[LM vkr dy srkx dw Bwv AD vkr dw srk ky È؇
AD ho jwxW hY[ SuruAwqI ibAwj dr Or dy Anurup IS - LM sMquln E qy sQwipq hMudw hY Aqy E rwhI AD
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dw p`Dr ivKwieAw jwdW hY jyVw kI pRcilq kImq p`Dr OP dy Anurup hY[ vwsqivk GDP v`Dky OY ho jwdW
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hY[ iesleI jykr modirk AiDkwrI ibAwj dr ƒ iesdy SuruAwqI p`Dr dy bjwey rKx leI mudrw purqI iv`c
viriD krdw hY[ (srkwrI Krc iv`c viriD qo pwihlW jyVI auh ApxI ivsqwrqmk rwjkoSIX nIqI ƒ purk
pRXws dy rup iv`c krdw hY) qW ArQ-ivvsQw dy au`c AD Aqy vwsqivk GDP (Apirvriqq kImq p`Dr dy
nwl) pwieAw jwvygw pr Srq ieh hY ik ibAwj dr ƒ auvy hI C`f idqw jwvy [ srkwr jykr sMkucnwqmk
(Contractionary) rwjkoSIX nIqI ApnwdI hY, qW iehdy ault hovygw[

‡≈√’ modirk Aqy rwjkoSIX nIqI qy Apxy ivcwr ibAwn kro[

muK ibNdU (Key Points)

J IS vkr (IS Curve) – ieh ibAwj dI dr aqy vwsqivk GDP dy sMXog ƒ pyS krdw hY jyVw bcq Aqy
invyS Aqy kul Krc Aqy kul aqpwdn iv`c smwnqw ilAwaudW hYY[
J IS vkr ƒ ivXuqpn krx dy kdm (Steps to Derive IS Curve) – (i) invyS Aqy ibAwj dI dr dy
iv`c sMbD, (ii) invyS Krc Aqy vwsqivk GDP dy iv`c sMbD[
J invyS mMg Pln (Investment Demand Function) – iehdy qo Bwv invyS Aqy ibAwj dI dr dy
iv`c ault sMbD dy nwl hY[
J IS vkr dw Flwn (Slope of IS Curve) – IS vkr dw Flwn Qwly dI Aor huMdw hY jyVw ibAwj dI
dr Aqy vwsqivk GDP dy iv`c irxwqmk sMbD ƒ ibAwn krdw hY[ ibAwj dI dr iv`c bdlwv nwl
vwsqivk GDP iv`c bdlwv dw Anupwq lykr iesƒ mwipAw jw skdw hY[
J IS vkr dw iKskwv (Shift in the IS Curve) – kul Krc dy svwXq GtkW ivco dI iksy dw vI bdlwv
hox nwl IS vkr iv`c iKskwv AMdw hY[
J LM vkr (LM Curve) – ieh vwsqivk GDP Aqy ibAwj dr dy aun iBn sMXogW ƒ pyS krdw hY jyVw
mudrw dI mMg Aqy mudrw dI purqI ƒ smwnqw ilAwaudy hn[
J LM vkr ƒ ivXuqpn krx dy kdm (Steps to Derive LM Curve) - (i) mudrw mMg, ibAwj dI dr
Aqy vwsqivk GDP dy iv`c sMbD, (ii) mudrw mMg Aqy purqI dy iv`c smwnqw[
J LM vkr dw Flwn (Slope of LM Curve) – ieh au`qy dI Aor Flwn vwlw huMdw hY jyVw vwsqivk
GDP Aqy ibAwj dr dy iv`c DMnwqmk sMbD dw sMkyq iddw hY[ iesƒ ibAwj dI dr iv`c bdlwv Aqy
vwsqivk GDP iv`c bdlwv dy Anupwq rwhI mwipAw jwdW hY[
J LM vkr iKskwv (Shift in LM Curve) – LM vkr iv`c iKskwv mudrw leI mMg Aqy mudrw dI purqI
iv`c bdlwv dy kwrx hodW hY[
J vsqu Aqy mudrw bwjwr iv`c ieko vwr sMquln (Simultaneous Equilibrium in Product and Money
Market) – vsqu bwjwr Aqy mudrw bwjwr iv`c ieko vwr sMquln aus ibMdu qy huMdw hY ijQy IS vkr Aqy
LM vrr iek dujy ƒ k`tdw hY[ ieh vwsqivk GDP Aqy ibAwj dI dr dy sMXog ƒ pyS krdw hY jyVw
aqpwd dI mMg Aqy purqI Aqy vsqu dI sNg Aqy purqI ƒ brwbr krdw hY[
J AD dI ivXuqpiq (Derivation of AD) - IS-LM mofl AD vkr dI ivXuqpiq iv`c mddgwr hY[ kImq
p`Dr iv`c viriD dy Plsvrup vwsqivk mudrw purqI G`tdI hY ijsdw Bwv LM vkr dy pICy dI Aor
iKskxw hY Aqy iesdy Anurup sNquilq vwsqivk GDP dw inmn p`Dr ijsdw Bwv AD dw inmn p`Dr
hY[ iesleI AD dI ivXuqpiq kImq p`Dr Aqy vwsqivk GDP dy iv`c ault sMbD dw pirxwm hY[

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