A Change in Which of the Following Variables Will Cause

question 61

Multiple Choice

A change in which of the following variables will cause a shift of the IS curve in the current period?

• A)the current interest rate
• B)current output
• C)current taxes
• D)all of the above
• E) none of the above

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Definitions:

Supply Of Resource

The total amount of a commodity, product, or service available for use, sale, or distribution.

Oil

A fossil fuel used primarily for energy production and as a raw material in the manufacture of plastics and other important chemicals.

Price Of Resource

The financial cost required to obtain or use a particular resource.

Producers

Entities or individuals that create goods or provide services, playing a crucial role in the supply side of an economy.