The IS Curve Becomes Steeper When

question 69

Multiple Choice

The IS curve becomes steeper when

• A)government spending is relatively small.
• B)the income tax rate in the current period is relatively small.
• C)current changes in the real interest rate cause large changes in current real output.
• D)changes in the current real interest rate cause small changes in current demand.
• E) none of the above

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Definitions:

Herbert Gans

An American sociologist known for his work in urban sociology, planning, and public policy, especially focused on the lives of the urban poor.

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Collectives of individuals categorized based on common cultural, linguistic, or ancestral traits alongside physical characteristics often associated with race.

Conflict

A situation where individuals, groups, or nations experience a clash due to differing needs, interests, or views, leading to tensions or disputes.