Start learning 50% faster. Sign in now
Get Started with ixamBee
Start learning 50% faster. Sign in nowThe new equilibrium income is Y*=1115/1.4=796.4 The change in equilibrium income is less than the shift of the IS curve. This is because of the crowding out effect of investment: rising interest rate reduces the investment and hence reduces the aggregate income.
What is the capital of Lesotho?
Which observance is held annually on the first Tuesday of May?
ADB has provided how much loan to the government of India for financing the construction of the 82-kilometer Delhi-Meerut Regional Rapid Transit System ...
The well-preserved Devonian coelacanth fossil found in Western Australia is named what?
Who won the Men's Singles title of the Australian Open 2024?