Consider the way in which net exports depend on the real exchange rate Does the dependence of net exports on the real exchange rate make the IS curve steeper or flatter What is the economic interpretation of this result ...

Both net exports and investment are hurt by higher i ...

Consider the way in which net exports depend on the real exchange rate. Does the dependence of

Question:

Consider the way in which net exports depend on the real Does the dependence of net exports on the real make the IS curve steeper or flatter? What is the economic interpretation of this result?
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...