The IS Curve Shifts to the Left When ________

question 43

Multiple Choice

The IS curve shifts to the left when ________.

• A)autonomous consumption increases
• B)taxes decrease
• C)autonomous investment decreases
• D)all of the above
• E)none of the above

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Definitions:

Selling

The process of exchanging a product or service for money; involves promoting and delivering goods to customers.

Administrative

Related to the activities that manage, organize, and run an organization including tasks such as budgeting, staffing, and directing resources.

Indirect Labor

Labor costs associated with workers who are not directly involved in the production of goods or services, such as maintenance staff and supervisors.

Factory Overhead

The costs associated with manufacturing operations that are not directly traceable to a product, including costs related to the maintenance and operation of the factory.