Consider the Following Model of the IS Curve Without an International

question 68

Multiple Choice

Consider the following model of the IS curve without an international sector:
Consumption: $C _ { t } = \bar { a } _ { c } \bar { Y } _ { t }$
Investment: $I _ { t } = \bar { a } _ { t } \bar { Y } _ { t }$
Government expenditure: $G _ { t } = \bar { a } _ { g } \bar { Y } _ { t }$
With this formulation the IS curve is:

• A) horizontal
• B) less steeply sloped than the "standard" IS curve
• C) vertical
• D) more steeply sloped than the "standard" IS curve
• E) Not enough information is given.

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Definitions:

SES

stands for Socioeconomic Status, a measure of an individual's or family's economic and social position in relation to others, based on income, education, and occupation.

Male-Dominated Psychological Tasks

Tasks or activities in psychological studies where performance is typically better in males, often due to cultural, societal, or biological differences.

Mental Rotation Tasks

Cognitive tasks that involve rotating objects mentally to assess spatial visualization and processing abilities.

Maccoby and Jacklin

Psychologists known for their seminal work in the 1970s on gender differences in psychological traits and behaviors.