We may infer from the downward slope of the IS curve that lower interest rates are associated with ________
A) higher output
B) higher saving and/or lower net exports
C) higher investment
D) all of the above
E) none of the above
D
Economics
You might also like to view...
The "underground economy" is also referred to as
A) the informal sector. B) the halfway economy. C) the net domestic product economy. D) the formal sector.
Economics
Which of the following rises during recessions?
a. layoffs and consumer spending b. layoffs but not consumer spending c. consumer spending but not layoffs d. neither layoffs nor consumer spending
Economics