IS-Curve: Subject Matter, Shifting, Slope and Position (With Diagram)
Let us make an in-depth study of the IS-Curve:- 1. Subject Matter of the IS-Curve 2. Shifting of the IS Curve 3. The Slope and Position of the IS Curve. Subject Matter of the IS-Curve: The AS'-curve is concerned with interest-induced changes in aggregate demand. The investment function is of great importance to Keynesian theory. If investment depends upon the [...]