During 2002 and 2003, the US Economy

Multiple Choice

During 2002 and 2003, the US economy

A) experienced a shifting of the IS curve to the right because of increased business optimism and tight fiscal policy.
B) experienced a shifting of the IS curve to the left due to an increase in interest rates.
C) experienced a movement down and to the right 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.