With Respect to the IS Curve for a Small Open

question 27

Multiple Choice

With respect to the IS curve for a small open economy

• A)higher levels of the real interest rate are consistent with higher levels of real output.
• B)higher levels of the real interest rate are consistent with lower levels of real output.
• C)any value of real output is consistent with the equilibrium real interest rate.
• D)any value of the equilibrium real interest rate is consistent with the equilibrium value of real output.

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