Which of the following will change the position of the IS curve?
A) An increase planned investment spending
B) An increase in interest rates
C) An increase in money demand
D) An increase in the money supply
A
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How do oligopolistic firms that sell differentiated products determine their prices?
What will be an ideal response?
Sandy's current consumer surplus for candy is 20. Candy is a normal good for her. When her income increases and the price of candy remains unchanged, her consumer surplus will
A) increase. B) decrease. C) remain the same. D) Not enough information.
The EG-ADF test
A) is the similar to the DF-GLS test B) is a test for cointegration C) has as a limitation that it can only test if two variables, but not more than two, are cointegrated D) uses the ADF in the second step of its procedure
International investors are more likely to invest in countries
A. where there are barriers to the ownership of capital goods. B. where there is a significant amount of dead capital. C. where it is relatively easier to establish property rights to capital goods. D. which have a high amount of government inefficiency.