When the policy rate decreases,

A) IS curve does not change.
B) IS curve shifts to the right.
C) IS curve shifts to the left.
D) LM curve shifts upward.
E) LM curve shifts downward.

A

Economics

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Tax shifting

a. is the process by which buyers pass a tax onto sellers b. is the process that causes some of a tax collected by one side of a market to be paid by the other side c. is the process of avoiding taxes and lowering a tax burden d. is a way of avoiding payment of a tax e. is illegal in the United States

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