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:

Direct Product Cost

Expenses directly associated with the production of specific goods or services, including materials and labor.

Cocoa

A powder made from roasted and ground cacao seeds used in making chocolate and chocolate-based products.

Factory

A building or set of buildings where goods are manufactured or assembled chiefly by machine.

Ending Inventory

The cumulative worth of products on offer for sale when an accounting cycle ends.