Question: help me please Why does the IS curve slope downward in an open economy? a) investment expenditure falls when the interest rate falls b) money
Why does the IS curve slope downward in an open economy? a) investment expenditure falls when the interest rate falls b) money demand rises when the interest rate falls c) export sales rise when the currency becomes cheaper a all of the above
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
