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In the IS Model,assuming That the Real Interest Rate Does

question 64

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In the IS model,assuming that the real interest rate does not change,an increase in ________ leads to an increase in equilibrium saving by households.


Definitions:

Equity

A branch of law that deals with justice and fairness, often providing remedies and relief that are not available under standard legal procedures.

Equitable Principles

Legal rules intending to enforce fairness and justice, often applied in situations where traditional laws might produce an inequitable outcome.

Money Damages

Compensation awarded to a plaintiff to recover losses suffered as a result of the defendant's wrongful actions.

Chancellor

A senior position in various institutions; often the head of a university or a high-level judicial officer in some legal systems.

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