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IS curve, please explain reasoning Refer to the figure on your right. 1.) Using the line drawing tool show what happens under the given scenario.

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IS curve, please explain reasoning

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Refer to the figure on your right. 1.) Using the line drawing tool show what happens under the given scenario. A financial crisis leading to an increase in financial frictions. Carefully follow the instructions above, and only draw the required object. Real Interest A decrease in taxes. Rate, r | Carefully follow the instructions above, and only draw the required object. A decrease in autonomous net exports. Carefully follow the instructions above, and only draw the required object. IS Curve Aggregate Output, Y

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