Order the answer to: The whole controversy regarding the location of the IS curve

Assignment Help business economics Order the answer to: The whole controversy regarding the location of the IS curve

business economics

Order the answer to: The whole controversy regarding the location of the IS curve

Question The whole controversy regarding the location of the IS curve and the potency of the real balance effect becomes irrelevant if nominal wages are rigid downward. Why is this so? Use the AD-SAS model to explain your answer.
Subject business economics
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