If the Combination R = 5% and Y = $450

question 6

Multiple Choice

If the combination r = 5% and Y = $450 billion is on the IS curve, we know that the combination r = 5% and Y = $300 billion would represent

• A) the IS curve shifting to the right.
• B) the IS curve shifting to the left.
• C) a movement up the IS curve.
• D) a movement down the IS curve.

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Definitions:

Compare

Typically refers to a method or function that assesses two values or objects and determines their ordering or if they are equal.

Control Structure

The blocks in programming that analyze variables and choose directions in which to go based on given parameters.

Two-Way Selection

A control structure in programming that allows for two possible paths of execution based on a condition being true or false.

If Statements

Conditional statements that execute a block of code if a specified condition evaluates to true.