Consider the following model of the IS curve without an international sector:
Consumption:
Investment:
and
Government expenditure:
With this formulation, the IS curve is less steeply sloped than the "standard" IS curve.

Question

Consider the following model of the IS curve without an international sector:
Consumption:  
Investment:  
and
Government expenditure:  
With this formulation, the IS curve is less steeply sloped than the "standard" IS curve.

Quizplus · Accepted Answer

The Answer of Consider the following model of the IS curve without an international sector:
Consumption:  
Investment:  
and
Government expenditure:  
With this formulation, the IS curve is less steeply sloped than the "standard" IS curve.

Consider the Following Model of the IS Curve Without an International