A Change in Fiscal Policy Shifts The

question 24

Multiple Choice

A change in fiscal policy shifts the:

• A) IS curve
• B) LM curve
• C) BP curve
• D) None of the above

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Definitions:

Overweight Investments

An investment strategy where a portfolio holds a higher percentage of a particular security or sector than the benchmark against which it is compared.

American Depository Receipts

Securities that represent shares in foreign public companies and are traded on U.S. stock exchanges, allowing investors to invest in overseas stocks more easily.

World Equity Benchmark Shares

Exchange-traded funds that aim to provide investment results that, before fees and expenses, correspond to the price and yield performance of specific international equity indexes.