Why does a change in the real interest rate shift the aggregate expenditure line in the 45-line

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Why does a change in the real interest rate shift the aggregate expenditure line in the 45°-line diagram but not shift the IS curve?

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Money Banking And The Financial System International Edition

ISBN: 978-1292000183

2nd Edition

Authors: R. Glenn Hubbard ,Anthony P Obrien

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Question Posted: Mar 18, 2024 08:57 AM

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Why does a change in the real interest rate shift the aggregate expenditure line in the 45-line

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Answer Real Interest Rate and Aggregate Expenditure Line Shift A change in the real interest rate af...View the full answer

Money Banking And The Financial System International Edition

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