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In the Early 1990s (1990 to 1992) the US Economy

Question 56

Multiple Choice

In the early 1990s (1990 to 1992) the US economy


A) experienced a shifting of the IS curve to the right because of increased business optimism, tax increases, and decreased government spending.
B) experienced a shifting of the IS curve to the left due to an increase in interest rates.
C) experienced a experienced a up and to the left along the IS curve.
D) experienced a shifting of the IS curve to the left due to a decrease in the baseline level of investment spending.

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