Knajajackson1476 Knajajackson1476

10-03-2020
Business

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Based on your understanding of the IS-LM model, graphically illustrate and explain what effect a reduction in consumer confidence will have on output, the interest rate, and investment.

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mkasblog mkasblog

14-03-2020

Answer:

Reduction in consumer confidence will decrease consumption demand, which will decrease output. IS curve... view the full answer

Explanation:

Reduction in consumer confidence will decrease consumption demand, which will decrease output.

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