Multiple Choice
A temporary supply shock,such as an increase in oil prices,would
A) shift the IS curve down and leave the FE line unchanged.
B) shift the IS curve down and shift the FE line to the left.
C) shift the IS curve up but leave the FE line unchanged.
D) have no effect on the IS curve.
Correct Answer:
Verified
Correct Answer:
Verified
Q32: After a temporary adverse supply shock hits
Q33: Which of the following changes shifts the
Q34: The IS-LM-FE model<br>A)is a framework for Keynesian
Q35: Draw a saving-investment diagram to show how
Q36: Looking at the macroeconomic statistics for Friedmanland,you
Q38: A decrease in government purchases will lead
Q40: The aggregate demand curve slopes downward because<br>A)people
Q41: Which of the following will shift IS
Q42: Suppose the economy is initially in long-run
Q91: Under an assumption of monetary neutrality,a change