In a move down the IS curve,
A) saving rises.
B) output falls.
C) the real interest rate rises.
D) the federal budget deficit rises.
Correct Answer:
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Q19: An increase in the expected real interest
Q20: The money market includes trade in
A)only currency.
B)only
Q21: Studies have shown that the degree of
Q22: At a point above the IS curve,
A)saving
Q23: The IS curve depicts the relationship between
A)aggregate
Q25: In a large open economy, the real
Q26: Which of the following would NOT cause
Q27: In an open economy,
A)the goods market is
Q28: The level of full employment output
A)increases as
Q29: In the savings-investment diagram, we know that
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