A decrease in wealth would cause the IS curve to
A) shift up and to the right.
B) shift down and to the left.
C) remain unchanged.
D) shift up and to the right only if people face borrowing constraints.
B
Economics
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Which of the following is not "crowded out" by higher interest rates as a result of expansionary fiscal policy?
A) net exports B) private investment C) consumption D) government spending
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In order to derive a demand curve for cheese, we would change
a. income and hold other things constant b. tastes and hold other things constant c. the price of other goods and hold everything else constant d. the price of cheese and hold other things constant e. the price of all goods, including cheese and hold other things constant
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