Th e LM curve is upward sloping showing that there is a direct relationship between income and the rate of interest.  Th ere is only one combination of income and the rate of interest at which both...

Th e LM curve is upward sloping showing that there is a direct relationship between income and the rate of interest.

 Th ere is only one combination of income and the rate of interest at which both the goods and the money market are

in equilibrium.