A Temporary Decline in Productivity Would Cause the IS Curve

question 2

Multiple Choice

A temporary decline in productivity would cause the IS curve to

• A)shift up and to the right.
• B)shift down and to the left.
• C)remain unchanged.
• D)shift up and to the right only if people face borrowing constraints.

Comprehend the implications of setting standards on employee motivation and performance.

Recognize the integration and utility of standard costs in cost accounting systems.

Understand the use of variance analysis as a tool for management by exception.

Appreciate the potential advantages and disadvantages of using standard costs.

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