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Using the IS Curve , in the Long Run

Question 46

Multiple Choice

Using the IS curve Using the IS curve   , in the long run,   ________ and ________, so that the economy is ________. A)  equals one;   ; in recession B)  is greater than one;   ; at its long-run equilibrium C)  equals zero;   ; at its long-run equilibrium D)  equals one;   ; expanding E)  equals one;   ; in recession , in the long run, Using the IS curve   , in the long run,   ________ and ________, so that the economy is ________. A)  equals one;   ; in recession B)  is greater than one;   ; at its long-run equilibrium C)  equals zero;   ; at its long-run equilibrium D)  equals one;   ; expanding E)  equals one;   ; in recession
________ and ________, so that the economy is ________.


A) equals one; Using the IS curve   , in the long run,   ________ and ________, so that the economy is ________. A)  equals one;   ; in recession B)  is greater than one;   ; at its long-run equilibrium C)  equals zero;   ; at its long-run equilibrium D)  equals one;   ; expanding E)  equals one;   ; in recession ; in recession
B) is greater than one; Using the IS curve   , in the long run,   ________ and ________, so that the economy is ________. A)  equals one;   ; in recession B)  is greater than one;   ; at its long-run equilibrium C)  equals zero;   ; at its long-run equilibrium D)  equals one;   ; expanding E)  equals one;   ; in recession ; at its long-run equilibrium
C) equals zero; Using the IS curve   , in the long run,   ________ and ________, so that the economy is ________. A)  equals one;   ; in recession B)  is greater than one;   ; at its long-run equilibrium C)  equals zero;   ; at its long-run equilibrium D)  equals one;   ; expanding E)  equals one;   ; in recession ; at its long-run equilibrium
D) equals one; Using the IS curve   , in the long run,   ________ and ________, so that the economy is ________. A)  equals one;   ; in recession B)  is greater than one;   ; at its long-run equilibrium C)  equals zero;   ; at its long-run equilibrium D)  equals one;   ; expanding E)  equals one;   ; in recession ; expanding
E) equals one; Using the IS curve   , in the long run,   ________ and ________, so that the economy is ________. A)  equals one;   ; in recession B)  is greater than one;   ; at its long-run equilibrium C)  equals zero;   ; at its long-run equilibrium D)  equals one;   ; expanding E)  equals one;   ; in recession ; in recession

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