A Change in Which of the Following Variables Will Cause

question 61

Multiple Choice

A change in which of the following variables will cause a shift of the IS curve in the current period?

• A)the current interest rate
• B)current output
• C)current taxes
• D)all of the above
• E) none of the above

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Definitions:

Cash Account

A cash account is a business or brokerage account that requires the account holder to pay the full amount for securities purchased.

Debiting

The process of recording an entry on the left side of the accounting ledger, indicating an increase in assets or expenses, or a decrease in liabilities, equity, or income.

Consuming Goods

Goods that are used by consumers and are typically expended when used, opposed to durable goods which are designed to last for a prolonged period.

Generating Revenues

Generating revenues refers to the process through which a business earns money by selling goods or providing services.