Everything else held constant, a decrease in government spending will cause the IS curve to shift to the ________ and aggregate demand will ________
A) right; increase
B) right; decrease
C) left; increase
D) left; decrease
D
Economics
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If expected profit falls, the demand for loanable funds curve shifts ________, and the real interest rate ________
A) leftward; does not change B) leftward; rises C) leftward; falls D) rightward; falls E) rightward; rises
Economics
The above figure shows Jane's budget line and two of her indifference curves. How many steak dinners will Jane purchase each month?
A) 4 steak dinners B) 6 steak dinners C) 8 steak dinners D) 10 steak dinners
Economics