A Tax Decrease Shifts the IS Curve,causing a ________ Domestic

question 103

Multiple Choice

A tax decrease shifts the IS curve,causing a ________ domestic interest rate,leading to ________ of the dollar.

• A)lower,depreciation
• B)lower,appreciation
• C)higher,depreciation
• D)higher,appreciation

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Definitions:

Pent-3-ynoic Acid

Pent-3-ynoic acid is a carboxylic acid with the molecular formula C5H6O2, characterized by a triple bond between the third and fourth carbons and a carboxyl group at the end of the chain.

Compound

A substance formed from two or more elements chemically bonded together in a fixed ratio.

3-nitrophthalic Acid

An aromatic dicarboxylic acid compound with a nitro group substituted at the 3-position on the benzene ring.

Pentanedioic Acid

An organic compound also known as glutaric acid, with the formula C5H8O4, characterized by two carboxylic acid groups at each end of a five-carbon chain.