Along any IS curve
a. both government spending and expectations are fixed.
b. government spending and the price level may vary.
c. consumption and the price level are fixed.
d. both government spending and tax rates may vary.
e. all of the above
A
Economics
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If a new seller enters a market to compete with an existing natural monopoly, it will:
A) decrease the costs for both the sellers. B) increase the costs of production for both the sellers. C) increase the production costs for the existing seller, and a decrease in the costs for the new entrant. D) decrease the production costs for the existing seller, and an increase in the costs for the new entrant.
Economics
A decrease in net taxes _____
Fill in the blank(s) with the appropriate word(s).
Economics