|
gptkbp:instanceOf
|
macroeconomic concept
|
|
gptkbp:affects
|
gptkb:market
taxes
consumption
government spending
net exports
autonomous spending
|
|
gptkbp:contrastsWith
|
gptkb:LM_curve
|
|
gptkbp:derivedFrom
|
equilibrium in the goods market
|
|
gptkbp:describes
|
relationship between interest rate and output
|
|
gptkbp:form
|
Y = C(Y-T) + I(r) + G + NX
|
|
gptkbp:horizontalAxis
|
real GDP
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
IS curve
|
|
gptkbp:introduced
|
gptkb:John_Hicks
|
|
gptkbp:introducedIn
|
1937
|
|
gptkbp:partOf
|
gptkb:IS-LM_model
|
|
gptkbp:relatedTo
|
multiplier effect
aggregate demand
|
|
gptkbp:shifts
|
when fiscal policy changes
|
|
gptkbp:shows
|
combinations of interest rates and output where goods market is in equilibrium
|
|
gptkbp:slope
|
downward
|
|
gptkbp:standsFor
|
gptkb:Investment-Saving_curve
|
|
gptkbp:usedFor
|
analyzing fiscal policy effects
macroeconomic equilibrium analysis
|
|
gptkbp:usedIn
|
gptkb:Keynesian_economics
|
|
gptkbp:verticalAxis
|
interest rate
|
|
gptkbp:bfsParent
|
gptkb:Mundell–Fleming_model
gptkb:IS-LM_model
|
|
gptkbp:bfsLayer
|
6
|