At a Point Below the IS Curve

question 45

Multiple Choice

At a point below the IS curve,

• A)there is an excess supply of goods.
• B)there is an excess demand for goods.
• C)saving exceeds investment.
• D)the real interest rate is above its equilibrium value.

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Definitions:

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Substances whose production, sale, or use is prohibited by law due to their potential for abuse or harm.

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