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Consider the Following Model of the IS Curve Without an International

Question 11

Multiple Choice

Consider the following model of the IS curve without an international sector:
Consumption: Consider the following model of the IS curve without an international sector: Consumption:   ; Investment:   And Government expenditure:   With this formulation, the IS curve is: A)  horizontal. B)  vertical. C)  less steeply sloped than the  standard  IS curve. D)  more steeply sloped than the  standard  IS curve. E)  Not enough information is given.
;
Investment: Consider the following model of the IS curve without an international sector: Consumption:   ; Investment:   And Government expenditure:   With this formulation, the IS curve is: A)  horizontal. B)  vertical. C)  less steeply sloped than the  standard  IS curve. D)  more steeply sloped than the  standard  IS curve. E)  Not enough information is given.
And
Government expenditure: Consider the following model of the IS curve without an international sector: Consumption:   ; Investment:   And Government expenditure:   With this formulation, the IS curve is: A)  horizontal. B)  vertical. C)  less steeply sloped than the  standard  IS curve. D)  more steeply sloped than the  standard  IS curve. E)  Not enough information is given.
With this formulation, the IS curve is:


A) horizontal.
B) vertical.
C) less steeply sloped than the "standard" IS curve.
D) more steeply sloped than the "standard" IS curve.
E) Not enough information is given.

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