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
Q47: Based on our understanding of the model
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Q49: Suppose the consumption equation is represented by
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Q53: Suppose the United States economy is represented
Q54: Which of the following is corrrect?
A)Governments can
Q55: Inventory investment refers to
A)the difference between production
Q56: Based on our understanding of the model
Q57: Why would consumer decrease consumption even if
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