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An Increase in the Price Level Shifts the IS Curve

question 8

True/False

An increase in the price level shifts the IS curve to the left.


Definitions:

Hypopharynx

The lower part of the pharynx (throat) that lies just above the esophagus and larynx, important in the process of swallowing.

Tube-Like Structure

A hollow, cylindrical organ or formation in an organism that allows for the passage of substances.

Esophagus

The part of the alimentary canal that connects the throat to the stomach.

Stomach

A muscular organ in the gastrointestinal tract that's involved in the second phase of digestion, following chewing.

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