Multiple Choice
A shift in tastes toward American goods ________ net exports in the U.S. and causes the IS curve to shift to the ________ in the U.S. ,everything else held constant.
A) decreases;right
B) decreases;left
C) increases;right
D) increases;left
Correct Answer:
Verified
Correct Answer:
Verified
Q16: Under Keynesian analysis,aggregate demand can be written
Q17: In the Keynesian cross diagram,a decrease in
Q18: A tax increase _ disposable income,_ consumption
Q19: A decrease in autonomous planned investment spending,other
Q20: An increase in government spending causes the
Q22: When interest rates rise in the United
Q23: An increase in unplanned inventory investment for
Q24: Equilibrium output is reduced by an increase
Q25: The IS curve shifts to the left
Q26: A fall in inventories is synonymous with