The IS Curve Will NOT Shift When Which of the Following

question 62

Multiple Choice

The IS curve will NOT shift when which of the following occurs?

• A)a reduction in government spending.
• B)a reduction in the interest rate.
• C)a reduction in consumer confidence.
• D)all of the above
• E)none of the above

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Definitions:

Benjamin Franklin

A Founding Father of the United States, noted for his discoveries and theories regarding electricity, and numerous civic contributions.

Seven Years' War

Between 1756 and 1763, a major international conflict took place, drawing in the predominant powers of the period and spanning continents such as Europe, North America, Central America, as well as areas like the West African coast, India, and the Philippines.

Colonial Assemblies

Legislative bodies established in the American colonies, which represented the interests of the colonists and had the authority to pass laws pertaining to the colony.