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Which of the following statements is/are correct? In the IS-LM model: a. Investment is influenced by the interest rate only. b. Investment is influenced by
Which of the following statements is/are correct? In the IS-LM model:
a. Investment is influenced by the interest rate only.
b. Investment is influenced by exogenous factors such as expectations, business confidence and regulations.
c. Investment is influenced by the interest rate and the level of output.
d. Investment is negatively related to the interest rate and the level of output.
e. Investment is negatively related to the interest rate and positively related to the level of output
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