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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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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.

User Hamer
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1 Answer

8 votes

Answer:

decreases; downward

I hope this helps you

:)

User Mike Nelson
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