The IS curve shifts to the left where there is
A) a reduction in current taxes.
B) an increase in expected future taxes.
C) an increase in expected future output.
D) all of the above
E) none of the above
B
Economics
You might also like to view...
Which of the following is an example of a good with an inelastic supply?
a) beanbags b) toothbrushes c) apples d) hats
Economics
For a monopoly producing any output level greater than one, the average revenue curve:
A. lies above the demand curve. B. lies below the demand curve. C. lies above the marginal revenue curve. D. is the same as the marginal revenue curve.
Economics