One Policy Response to an Economic Slowdown Is to Cut

question 77

Multiple Choice

One policy response to an economic slowdown is to cut taxes. 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:

No Child Left Behind

A U.S. Act aimed at closing the achievement gap with accountability, flexibility, and choice, so that no child is left behind.

Norm-Referenced Testing

Testing that compares an individual's performance or scores to a norm group or standard to evaluate relative standing.

T Scores

Standardized scores on psychological and educational tests that have a mean of 50 and a standard deviation of 10, used to compare individual performance against a normative sample.

Sten Scores

Derived from the name “standard 10,” a standard score that is commonly used on personality inventories and questionnaires. Stens have a mean of 5.5 and a standard deviation of 2.