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Consider a standard IS curve which is downward sloping in (Y, r) space. Explain why any point underneath this IS curve is a point in
Consider a standard IS curve which is downward sloping in (Y, r) space. Explain why any point underneath this IS curve is a point in which S < I
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A Textbook Of Mathematical Economics
Authors: Dr Chandrakant Singh
1st Edition
9353140986, 9789353140984
