Refer to the following figure when answering the following questions.
Figure 11.3: IS Curve
-Consider Figure 11.3. If investment is interest rate insensitive, the economy would be characterized by:

Question

Refer to the following figure when answering the following questions.
Figure 11.3: IS Curve

-Consider Figure 11.3. If investment is interest rate insensitive, the economy would be characterized by:

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The Answer of Refer to the following figure when answering the following questions. Figure 11.3: IS Curve -Consider Figure 11.3. If investment is interest rate insensitive, the economy would be characterized by: A) IS₂. B) IS₃. C) IS₁. D) IS₄. E) Not enough information is given.

Refer to the Following Figure When Answering the Following Questions