Consider the following model of the IS curve without an international sector:
Consumption: 
;
Investment: 
And
Government expenditure: 
With this formulation, the IS curve is:
A) horizontal.
B) vertical.
C) less steeply sloped than the "standard" IS curve.
D) more steeply sloped than the "standard" IS curve.
E) Not enough information is given.
Correct Answer:
Verified
Q59: Refer to the following figure when answering
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