Explain in words how and why the multiplier g and the
a. Explain in words how and why the multiplier G and the interest sensitivity of aggregate demand affect the slope of the IS curve.
b. Explain why the slope of the IS curve is a factor in determining the working of monetary policy.
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a explain in words how and why the multiplier g and the interest sensitivity of aggregate demand affect the slope of
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a why does a horizontal lm curve imply that fiscal policy has the same effects on the economy as those derived in
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