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what relationship does IS curve plot? explain in words and graphically, why IS curve slops downward.
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- How would you interpret (1) an upward sloping curve and (2) a downward slope curve in a two variable diagram?Natural disasters: Suppose a large earthquake destroys many houses and build-ings on the West Coast but fortunately results in little loss of life. Show how to think about this event using the IS curve.What are the implications of IS and LM curves? What are the factors on which the position and the slope of IS and LM curves depend?
- In the accompanying graph, is the slope of curve A A' positive or negative? Does the slope increase or decrease as we move along the curve from A to A'? Answer the same two questions for curve BB'.Name and discuss the factors that shift the IS Curve. Give two examples, with the help of a diagram, of IS curve shifting, one to the left and one to the right.Q5. Make a hypothetical data table and try to make interrelationships between AC, MC and AVC for ten observations. Keep in mind the trend of certain variables. Support Your answer with the help of correct graphs and their respective interpretations like Q TFC TVC TC ATC AVC AFC MC 1 2 3 4 And So on
- Answer any 1 from a and b below Explain the shape of AS? What shifts AS?In the formula ke >= (D1/P0) + g, what does (D1/P0) represent?In the accompanying graph, is the slope of curve AA′ positive or negative? Does the slope increase or decrease as we move along the curve from A to A′? Answer the same two questions for curve BB′.
- In economics, what does the term ceteris paribus mean when analyzing the relationship between two variables? A. All other things being equal or held constant B. The direct relationship between two variables C. The inverse relationship between two variables D. The absence of any relationship between two variablesWhat is a circular flow modelexplain and illustrate laffer curve
