Summarize e Equilibrium in the goods market implies that output is a decreasing function of the interest rate e This relation is represented by the downward- sloping is curve e Changed in factors that decrease or increase the demand for goods given the interest rate shift the is curve to the left or to the rightSummarize Equilibrium in the goods market implies that output is a decreasing function of the interest rate. This relation is represented by the downward￾sloping IS curve. Changed in factors that decrease or increase the demand for goods given the interest rate shift the IS curve to the left or to the right