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Please help me with explanations 1. The IS (Investment equals avings) curve describes the relationship be tween deviations from potential output K and the real

Please help me with explanations

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1. The IS (Investment equals avings) curve describes the relationship be tween deviations from potential output K and the real interest rate R; as: K=aB(Rt' Graph the following scenarios assuming the economy starts off in its long run equilibrium. 0 There is a decrease in the real interest rate. a A global recession reduces demand for US exports. o A new technology is discovered that increases potential output

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