The IS curve shifts when any of the following economic variables change except:
A) the interest rate.
B) government spending.
C) taxes.
D) the marginal propensity to consume.
Correct Answer:
Verified
Q18: Exhibit: Keynesian Cross Q19: When planned expenditure is drawn on a Q20: The equilibrium of the Keynesian cross shows: Q21: In the Keynesian-cross model with a given Q24: An increase in government spending generally shifts Q32: The tax multiplier indicates how much _ Q33: The Keynesian-cross analysis assumes planned investment: Q38: In the Keynesian-cross model, if taxes are Q41: An explanation for the slope of the Q56: Based on the Keynesian model, one reason
A)determination
A) is
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