A Positive Demand Shock Causes a ________ the IS Curve

question 11

Multiple Choice

A positive demand shock causes a ________ the IS curve and a ________ the aggregate demand curve.

• A) movement up along; shift to the right of
• B) shift to the right of; movement down along
• C) movement down along; movement down along
• D) shift to the right of; shift to the right of

---

Definitions:

First-Price Auction

A bidding system where the item is awarded to the top bidder at the price they offered.

True Values

The actual, inherent worth or significance of something, often in a context where this may not be initially apparent.

Selling Price

The amount of money for which a product or service is sold to the consumer.

First-Price Auction

An auction format in which the highest bidder wins the item and pays the price they bid.