13. If a change in the interest rate has no effect on planned investment spending, trace out...
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13. If a change in the interest rate has no effect on planned investment spending, 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: 9780321122353
7th Edition
Authors: Frederic S. Mishkin
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