The IS Curve Shifts to the Left When ________

question 54

Multiple Choice

The IS curve shifts to the left when ________.

• A)autonomous consumption increases
• B)taxes increase
• C)autonomous investment increases
• D)all of the above
• E)none of the above

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Definitions:

Postbox Rule

The Postbox Rule, also known as the mailbox rule, is a legal principle that determines the moment at which an offer is considered accepted, typically the moment the acceptance is sent.

Binding Contract

A legal agreement between two or more parties that is enforceable by law.

Entores Ltd.

A landmark case in contract law that established the principle that an acceptance of an offer becomes effective when communicated.

Telex

A communication network system used to send text messages through a network of teleprinters, historically significant before the advent of modern digital communications.