Explain why the new IS curve that takes into account expectations is likely steeper than the original IS curve that ignored expectations.
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Q7: Compare the following three ways to model
Q8: Suppose individuals now believe that there will
Q9: Changes in future expected interest rates can
Q10: Explain what effect a reduction in the
Q11: Suppose individuals now believe that there will
Q13: Which of the following will not cause
Q14: Explain what effect a reduction in future
Q15: Suppose there is a reduction in the
Q16: Explain what effect an increase in future
Q17: The IS curve shifts to the left
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