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An explanation for the slope of the is curve is that as the interest rate increases, the quantity of investment _____, and this shifts the expenditure function _____, thereby decreasing income.
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Feb 4, 2023
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An explanation for the slope of the is curve is that as the interest rate increases, the quantity of investment _____, and this shifts the expenditure function _____, thereby decreasing income.
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Answer:
decreases; downward
I hope this helps you
:)
Mike Nelson
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Feb 9, 2023
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Mike Nelson
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