![Labor Goods and Assets. We can represent this graphically by graphing real interest rate versus output. Labor Goods and Assets. We can represent this graphically by graphing real interest rate versus output.](https://web.mnstate.edu/stutes/Econ304/RootNotes/Image151.gif)
Labor Goods and Assets. We can represent this graphically by graphing real interest rate versus output.
![Horizontal and vertical IS and LM curves, an intuitive explanation of the implications - FreeEconHelp.com, Learning Economics... Solved! Horizontal and vertical IS and LM curves, an intuitive explanation of the implications - FreeEconHelp.com, Learning Economics... Solved!](https://2.bp.blogspot.com/-eKlODFXhqN4/T3xsKJgyCEI/AAAAAAAAAh4/lpYBWEN8tlI/s1600/horizontal+lm+curve.png)
Horizontal and vertical IS and LM curves, an intuitive explanation of the implications - FreeEconHelp.com, Learning Economics... Solved!
![Why does a horizontal LM curve imply that fiscal policy has the same effects on the economy as those derived in Keynesian Model (horizontal AS)? | Homework.Study.com Why does a horizontal LM curve imply that fiscal policy has the same effects on the economy as those derived in Keynesian Model (horizontal AS)? | Homework.Study.com](https://homework.study.com/cimages/multimages/16/as-ad-is-lm5615561318585514227.jpg)
Why does a horizontal LM curve imply that fiscal policy has the same effects on the economy as those derived in Keynesian Model (horizontal AS)? | Homework.Study.com
![What does it mean if the LM curve is vertical? What would be the impact of expansionary monetary policy in this case? Use the IS-LM graph. | Homework.Study.com What does it mean if the LM curve is vertical? What would be the impact of expansionary monetary policy in this case? Use the IS-LM graph. | Homework.Study.com](https://homework.study.com/cimages/multimages/16/vertical_lm5977709567056131950.jpg)