IS-LM Curve Described and Graphed
Please describe and explain graphically
Within the IS-LM curve model, analyze the effect of an autonomous increase in saving that is matched by a drop in consumption, explain which curve would shift? Explain how would aggregate income level and interest rate level be affected.© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/economics/international-economics/is-lm-curve-described-and-graphed-375
...e will encourage the private companies' investment, because the loan of capital from banks will cost them more. Then the amount of private investment will also be increased. Moreover, in the ...