Question
Suppose that peoples marginal propensities to consume were such that the mpc, c1=1. The IS curve in this case would have Group of answer choices
Suppose that peoples marginal propensities to consume were such that the mpc, c1=1. The IS
curve in this case would have
Group of answer choices
a slope equal to zero
a positive slope
the usual downward slope
a negative slope
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Econometric Evaluation Of Socio-Economic Programs Theory And Applications
Authors: Giovanni Cerulli
1st Edition
3662464055, 9783662464052
