Consider the following statements1. Points to the left of the IS curve indicate excess supply of goods.2. Points to the right of the LM curve indicate excess demand for money.3. Points to the right of the IS curve indicate excess supply of money.4. Points to the right of the IS curve indicate excess supply of goods. Of these statements

Macroeconomics is a branch of economics that studies how an overall economy—the market or other systems that operate on a large scale—behaves.