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Consider the Following Model of the IS Curve Without an International

Question 32

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Consider the following model of the IS curve without an international sector:
Consumption: Consider the following model of the IS curve without an international sector: Consumption: Investment: and Government expenditure: . With this formulation, the IS curve is horizontal.
Investment: Consider the following model of the IS curve without an international sector: Consumption: Investment: and Government expenditure: . With this formulation, the IS curve is horizontal.
and
Government expenditure: Consider the following model of the IS curve without an international sector: Consumption: Investment: and Government expenditure: . With this formulation, the IS curve is horizontal.
.
With this formulation, the IS curve is horizontal.

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