In an Open Economy,a Shift Down and to the Left

question 41

Multiple Choice

In an open economy,a shift down and to the left of the IS curve could have been caused by

• A)a decline in the foreign real interest rate.
• B)an increase in the demand for domestic goods relative to foreign goods.
• C)an increase in foreign output.
• D)a decline in domestic output.

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Society's Interest

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