Question: Indicate whether the statement below is True, False or Uncertain and provide a brief explanation for your answer. (Marks are only given for your explanation

 Indicate whether the statement below is True, False or Uncertain and

Indicate whether the statement below is True, False or Uncertain and provide a brief explanation for your answer. (Marks are only given for your explanation ym answer is correct.) Consider the following model of the IS curve without an international sector: Consumption: 0, IT', = a, EAR, F15, > D; Investment: 1,5} = E, 5,02, 415,. > U; and Government expenditure: G, = 3,5}- With this formulation, the IS curve is less steeply sloped than the \"standard" IS curve? Note that your answer must start with True, False or Uncertain, followed by a short explanation

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