Which of the following about IS relation is NOT correct?
A) It is the the relation between interest rate and savings.
B) It is the equilibrium condition for the goods market.
C) It stands for "Investment equals saving."
D) It shows what firms want to invest must be equal to what people and the government want to save.
Correct Answer:
Verified
Q45: Based on our understanding of the model
Q46: For this question,assume that taxes are independent
Q47: Based on our understanding of the model
Q48: Discuss and explain what effect a reduction
Q51: Suppose the marginal propensity to consume equals
Q52: Suppose the consumption equation is represented by
Q55: Discuss the two components of fixed investment.
Q57: Why would consumer decrease consumption even if
Q58: Use the ZZ-Y model presented in chapter
Q59: Explain the difference between endogenous and exogenous
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents