One Policy Response to the U

question 42

Multiple Choice

One policy response to the U.S. economic slowdown of 2001 were tax cuts. This policy response can be represented in the IS-LM model by shifting the curve to the .

• A)LM; right
• B)LM; left
• C)IS; right
• D)IS; left

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Definitions:

Suicide

The act of intentionally causing one's own death.

Depressed

A state characterized by feelings of severe despondency and dejection, often accompanied by a lack of energy and difficulty in maintaining concentration or interest in life.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other things.

Promise

A declaration or assurance that one will do something or that a particular thing will happen.