In an open economy, a shift down and to the left of the IS curve could have been caused by

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In an open economy, a shift down and to the left of the IS curve could have been caused by

In an open economy, a shift down and to the left of the IS curve could have been caused by
A) a decline in domestic output.
B) a decline in the foreign real interest rate.
C) an increase in foreign output.
D) an increase in the demand for domestic goods relative to foreign goods.

Textbook

Macroeconomics

Edition: 8^th

Authors: Abel, Bernanke, Croushore

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johnpaul92 Author

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9 years ago

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