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International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792International Economics 14th Edition by Thomas Pugel
Edition 14ISBN: 978-0071280792 Exercise 8
Explain the effect of each of the following on the IS curve:
a. Government spending decreases.
b. Foreign demand for the country's exports increases.
c. The country's interest rate increases.
a. Government spending decreases.
b. Foreign demand for the country's exports increases.
c. The country's interest rate increases.
Explanation
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Verified
a. A decrease in government spending giv...
International Economics 14th Edition by Thomas Pugel
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