In the four-part diagram used to construct the IS curve, a lower interest rate
A) has no effect on Y.
B) has no effect on the position of the demand for autonomous planned spending curve.
C) has no effect on the position of the IS curve.
D) none of the above.
C
Economics
You might also like to view...
The above figure shows the Lorenz curves for four different countries. If country C implemented a policy of redistribution from rich to poor, its Lorenz curve would
A) move toward country B's. B) move toward country D's. C) become positively sloped. D) move above the line of equality.
Economics
According to your text, what is the major long-run issue facing the European Union?
What will be an ideal response?
Economics