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Vertical is curve - PowerPoint PPT Presentation

the slope of IS curve and its policy implications

the slope of IS curve and its policy implications. r. the smaller the elasticity of investment. IS curve. I. Y. the steeper the IS curve. S. r. the greater the elasticity of investment. IS curve. I. Y. the flatter the IS curve. S. r. the larger the marginal propensity to save.

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Vertical is curve - PowerPoint PPT Presentation

the slope of IS curve and its policy implications