An increase in expected future taxes will cause:
A) the LM curve to shift downward.
B) the IS curve to shift leftward.
C) the LM curve to shift upward.
D) the IS curve to shift rightward.
E) the IS curve shifts leftward and the LM curve shifts upward.
Correct Answer:
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Q1: Assume individuals consider only the medium- run
Q3: Assume individuals consider only the long- run
Q4: Assume individuals consider only the long- run
Q5: Suppose there is a decrease in expected
Q6: Assume individuals consider only the short- run
Q7: Assume individuals consider only the medium- run
Q8: Assume individuals consider only the short- run
Q9: Assume individuals consider only the medium- run
Q10: Which of the following will not cause
Q11: Assume individuals consider only the medium- run
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