Using the IS Curve , in the Long Run

question 46

Multiple Choice

Using the IS curve , in the long run,
________ and ________, so that the economy is ________.

• A) equals one; ; in recession
• B) is greater than one; ; at its long-run equilibrium
• C) equals zero; ; at its long-run equilibrium
• D) equals one; ; expanding
• E) equals one; ; in recession

---

Definitions:

Discrimination

Bias or inequitable actions against varied categories of individuals, mainly due to their race, age, or sexual orientation.

Ingroups

Social groups to which a person psychologically identifies as being a member.

Catholicism

A Christian denomination led by the Pope, based in the Vatican, emphasizing the tradition and authority of the church.

Attorney

A professional who advises and represents clients in legal matters, including drafting legal documents, and presenting cases in court.