A Temporary Decline in Government Purchases Would Shift the IS

question 46

Multiple Choice

A temporary decline in government purchases would shift the IS curve ________ and the LM curve ________.

• A)down;is unchanged
• B)down;left
• C)up;is unchanged
• D)up;left

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Definitions:

Pericardium

The membranous sac that covers the heart.

Meninges

Protective membranes that cover the brain and spinal cord, comprising the dura mater, arachnoid mater, and pia mater.

Chronic Obstructive Pulmonary Disease

A progressive lung disease characterized by increasing breathlessness, often caused by smoking.

Respiratory

Pertaining to or serving for respiration, which is the process of inhaling oxygen and exhaling carbon dioxide.