All Else Being Equal, an Increase in Government Spending Would

question 100

Multiple Choice

All else being equal, an increase in government spending would shift the ______ line to the ______, causing interest rates to _______ and the trade balance to _______.

• A) LM; right; fall; fall
• B) IS; right; rise; rise
• C) LM; left; rise; rise
• D) IS; right; fall; fall

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Definitions:

Boolean Value

A boolean value is a data type with only two possible values, true or false, used in programming to represent truth values in logical operations.

Eloquent Approach

An approach characterized by clear, expressive, and effective communication or execution, often used in the context of programming or presenting ideas.

This Parameter

A reference in object-oriented programming languages to the current object within an instance method or constructor, used to access class variables and methods.

Calling Object

The instance of a class on which a method is invoked in object-oriented programming.