In a stock market boom ________

A) autonomous consumption might increase because stock holders might feel richer and consume more
B) autonomous investment might increase because a higher stock value for a firm helps firms raise funds for increased investment
C) the IS curve might shift to the right
D) all of the above
E) none of the above

D

Economics

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A tax is imposed on employers and workers that are used to fund Social Security and Medicare. This tax is sometimes referred to as

A) the federal income tax. B) the Income Security Tax. C) the payroll tax. D) the ACIF.

Economics

How does the goods market return to equilibrium if AE is less than production?

What will be an ideal response?

Economics