Why is the relationship between output and the real interest rate called the IS curve?

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Why is the relationship between output and the real interest rate called the “IS curve”?

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Macroeconomics

ISBN: 978-0393603767

4th Edition

Authors: Charles I. Jones

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Question Posted: Nov 19, 2018 11:06 AM

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Why is the relationship between output and the real interest rate called the IS curve?

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Because John Hicks reminded us that in this ...View the full answer

Macroeconomics

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