A Change in Which of the Following Will NOT Shift

question 42

Multiple Choice

A change in which of the following will NOT shift the IS-curve?

• A)autonomous investment
• B)autonomous money demand
• C)autonomous consumption
• D)autonomous net exports
• E)autonomous saving

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Definitions:

Process Innovation

The introduction of a new or significantly improved production or delivery method to reduce costs, improve quality, or produce a good or service more efficiently.

Economies of Scale

Refers to the cost advantage that arises with increased output of a product, where the average cost per unit falls as scale of production increases.

Lower-Cost Method

A cost-minimization strategy that involves choosing the most economical options in order to reduce expenses and improve efficiency.

Process Innovation

The implementation of a new or significantly improved production or delivery method.