In a Move Up the IS Curve

question 5

Multiple Choice

In a move up the IS curve,

• A)investment rises.
• B)output falls.
• C)the real interest rate falls.
• D)saving rises.

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Definitions:

Reaction Range

The concept that genetic potential limits the extent to which an environment can influence the expression of a trait, with individuals varying in their response to the same environment.

Middle-Class Minority

A demographic group within the middle class that is part of a racial, ethnic, or cultural minority.

Practical Intelligence

The ability to solve everyday problems by utilizing knowledge gained from experience, rather than through formal academic instruction.

Robert Sternberg

An American psychologist known for his work on intelligence, creativity, wisdom, and love.