The IS curve will shift down and to the left when
A) desired saving declines.
B) government purchases increase.
C) consumption increases.
D) the expected future marginal product of capital declines.
D
You might also like to view...
Suppose that when the price of oranges is $3 per pound, the quantity demanded is 4.7 tons per day and the quantity supplied is 3.9 tons. In this case:
A. excess demand will lead the price of oranges to rise B. excess supply will lead the price of oranges to rise C. excess supply will lead the price of oranges to fall D. excess demand will lead the price of oranges to fall
The Heckscher-Ohlin, factor-proportions model lends support to the argument that
A) trade tends to worsen the conditions of unskilled labor in rich countries. B) trade tends to worsen the conditions of owners of capital in rich countries. C) trade tends to worsen the conditions of workers in poor countries. D) trade tends to worsen the conditions of workers in rich countries. E) trade tends to worsen the conditions of highly skilled workers in rich countries.
In a flexible exchange rate system, which of the following would NOT cause the U.S. dollar to depreciate relative to the British pound?
A) a decrease in demand for British goods in the United States B) an increase in demand for British goods in the United States C) a decrease in British demand for U.S. exports D) a shift to the left in the supply of British goods to the United States
The difference between personal income and disposable personal income is
A. personal income includes indirect business taxes while disposable income does not. B. disposable personal income is what is left after personal income taxes have been paid while personal income includes personal income taxes. C. personal income includes transfer payments while disposable personal income does not. D. personal income is what is left after personal income taxes have been paid while disposable income includes personal income taxes.