what is curve in economics
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The IS curve depicts the set of all levels of interest rates and output (GDP) at which total investment (I) equals total saving (S). ... The intersection of the IS and LM curves shows the equilibrium point of interest rates and output when money markets and the real economy are in balance.
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what is curve in economics ?
This IS curve depicts the set of all levels of interest rates and output ( GDP ) at which total investment .
1 ) equal totals saving ( S )
The intersection of the IS and LM curves shows the equilibrium point of interest rates and output when money market and the real economy are in blance
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