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Indicate whether the statement below is True, False or Uncertain and provide a brief explanation for your answer. (Marks are only given for your explanation

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Indicate whether the statement below is True, False or Uncertain and provide a brief explanation for your answer. (Marks are only given for your explanation ym answer is correct.) Consider the following model of the IS curve without an international sector: Consumption: 0, IT', = a, EAR, F15, > D; Investment: 1,5} = E, 5,02, 415,. > U; and Government expenditure: G, = 3,5}- With this formulation, the IS curve is less steeply sloped than the \"standard" IS curve? Note that your answer must start with True, False or Uncertain, followed by a short explanation

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