At a point to the right of the IS curve, there is an excess supply of goods.
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Q32: If the marginal propensity to consume is
Q33: The IS curve is the combination of
Q34: If the marginal propensity to consume is
Q35: Net exports is
A) imports minus exports.
B) exports
Q36: In a country where investment is relatively
Q38: The steeper the consumption function the higher
Q39: The larger the effect of changes in
Q40: When taxes increase and all else stays
Q41: If interest rates rise, which of the
Q42: If interest rates rise, which of the
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