1.13. If a change in the interest rate has no effect on planned investment spending or net...

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1.13. If a change in the interest rate has no effect on planned investment spending or net exports, trace out what happens to the equilibrium level of aggregate output as interest rates fall. What does this imply about the slope of the IS curve?

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The Economics Of Money Banking And Financial Markets

ISBN: 9780321598905

9th Edition

Authors: Frederic S. Mishkin

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Question Posted: Oct 22, 2024 08:00 AM

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1.12. Will aggregate output rise or fall if an increase in autonomous consumer expenditure is matched by an equal increase in taxes?
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1.13. If a change in the interest rate has no effect on planned investment spending or net...

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The Economics Of Money Banking And Financial Markets

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