Horizontal and Vertical IS or LM curves explained

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This video goes over the intuition and the math necessary to have veritcal or horizontal IS or LM curves. • A vertical IS curve is a special condition in which the IS curve has an infinite slope and goes completely up and down. The horizontal IS curve is a separate condition that causes it to have zero slope. Both the conditions with examples are explored at length. • A vertical LM curve is a special condition in which the LM curve has an infinite slope and goes completely up and down. The horizontal LM curve is a separate condition that causes it to have zero slope. Both the conditions with examples are explored at length. • More information on this topic can be found at http://www.freeeconhelp.com/2012/04/h...

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