Multiple Choice
An increase in the effective tax rate on capital would cause the IS curve to
A) shift up and to the right.
B) shift down and to the left.
C) remain unchanged.
D) remain unchanged if taxes are fully deductible from income; otherwise, shift up and to the right.
Correct Answer:

Verified
Correct Answer:
Verified
Q41: If the money supply is increased,which curve
Q42: An increase in the expected future marginal
Q43: Use the IS-LM model to determine the
Q44: The IS-LM model predicts that a temporary
Q45: An increase in wealth would cause the
Q47: An increase in wealth that doesn't affect
Q49: A temporary decrease in government purchases causes
Q50: Keynesian economists think general equilibrium is not
Q51: A temporary adverse supply shock directly causes<br>A)a
Q62: A rise in the price of a