The September 11 Attacks Had the Effect of Shifting the

question 97

Multiple Choice

The September 11 attacks had the effect of shifting the

• A)IS curve to the right.
• B)IS curve to the left.
• C)LM curve to the right.
• D)LM curve to the left.

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Definitions:

Quick Ratio

A measure of a company's ability to meet its short-term obligations with its most liquid assets, calculated by subtracting inventories from current assets, then dividing by current liabilities.

Accounts Receivable

Amounts owed to a company by customers for goods or services delivered on credit.

Current Ratio

A liquidity measure that evaluates a company's ability to pay short-term obligations with its current assets.

Book Values

The net value of a company's assets, subtracting the total liabilities from the total assets.