For each of the following, illustrate how the IS curve will change with a graph. a. Poor

Question:

For each of the following, illustrate how the IS curve will change with a graph.

a. Poor numbers from several leading economic indicators cause businesses to become pessimistic about the future of the economy.

b. The real interest rate falls, which causes consumption spending to rise.

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Related Book For  book-img-for-question

Principles Of Economics

ISBN: 9781319330156,9781319419769

2nd Edition

Authors: Betsey Stevenson, Justin Wolfers

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