Suppose there is a reduction in expected future output. This will cause which of the following to occur?

A) the IS curve to shift left in the current period
B) the IS curve to shift right in the current period
C) the LM curve to shift up in the current period
D) the LM curve to shift down in the current period

A

Economics

You might also like to view...

Credit Default Swap

What will be an ideal response?

Economics

Referring to Figure 19.2, the effect of a decrease in Japanese interest rates is represented by a movement from point

A) a to d. B) b to c. C) b to a. D) a to b.

Economics