2. What relationship does the IS curve capture? Derive the IS curve graphically and show why it...

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2. What relationship does the IS curve capture? Derive the IS curve graphically and show why it slopes as it does.

Give two examples of changes in the economy that would cause the IS curve to shift down and to the left.

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Macroeconomics Global Edition

ISBN: 978-1292318615

10th Edition

Authors: Andrew Abel ,Ben Bernanke ,Dean Croushore

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