A change in which of the following variables will cause a shift of the IS curve in the current period?
A) the current interest rate
B) current output
C) current taxes
D) all of the above
E) none of the above
D
Economics
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The current international financial system is a managed float system
a. True b. False
Economics
Suppose the demand for a good is currently unit elastic over the relevant range. Then the producer of a substitute good goes out of business and stops producing it. As a result, demand over that range is now likely to be a. Unit elastic
b. Relatively elastic. c. Relatively inelastic. d. Perfectly inelastic.
Economics