Which of the following factors cause the IS curve to shift?

a. A change the money supply.
b. A change in the level of taxes
c. An autonomous investment change that shifts the investment function
d. Both b and c
e. All of the above

D

Economics

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The Monetary Control Act of 1980:

a. None of the answers are correct. b. restricted savings and loan associations to long-term loans. c. created less competition among various financial institutions. d. allowed fewer institutions to offer checking account services.

Economics

"The U.S. government should not use my tax dollars to subsidize people on welfare"

A) is a positive economic statement because it simply describes one person's opinion. B) is a normative economic statement because it involves a value judgment about an economic policy. C) is a positive economic statement because it predicts that my tax dollars will go to welfare. D) is a normative economic statement because it is a scientific fact.

Economics