Understanding the IS Curve What the IS curve tells us: Numerical example C=$1.4 trillion. = $1.2 trillion G= $3.0 trillion T=$3.0 trillion NX =$1.3 trillion. f=1 mpc = 0.6 d=0.3 x=0.1 What is the equilibrium output if: r=3%, r=1%

-What the IS curve tells us: Numerical example \\( \\bar{C}=\\$ 1.4 \\) trillion. \\( \\bar{I}=\\$ 1.2 \\) trillion \\( \\bar{G}=\\$ 3.0 \\) trillion \\( \\bar{T}=\\$ 3.0 \\) trillion \\( \\overline{N X}=\\$ 1.3 \\) trillion \\( \\bar{f}=1 \\) \\( m p c=0.6 \\) \\( d=0.3 \\) \\( x=0.1 \\) What is the equilibrium output if: =3