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The IS curve represents combinations of the real interest rate and GDP growth in an economy. It is all the combinations of points where the economy's income = total production.
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How do you determine the I-S Curve in Macroeconomics?
The IS curve represents combinations of the real interest rate and GDP growth in an economy. It is all the combinations of points where the economy's income = total production.
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William S. Brown has written: 'Macroeconomics' -- subject(s): Macroeconomics
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Max Gerhard Mueller has written: 'Readings in macroeconomics' -- subject(s): Macroeconomics
