The IS curve becomes steeper when there is a. a higher marginal prope
The IS curve becomes steeper when there is
a. a higher marginal propensity to save.
b. a smaller parameter measuring the interest sensitivity of investment.
c. a lower marginal propensity to save.
d. Both a and b
e. Both b and c
ANSWER
D
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.