If the combinationr-10% and Y-$200 billion is on the IS curve, we know that the combinationr-10% and Y=$300 billion would represent Select one: a. the IS curve shifting to the right. b. the IS curve shifting to the left. C. a movement up the IS curve. d. a movement down the IS curve.

If the combinationr-10% and Y-$200 billion is on the IS curve, we know that the combinationr-10% and Y=$300 billion would represent Select one: a. the IS curve shifting to the right. b. the IS curve shifting to the left. C. a movement up the IS curve. d. a movement down the IS curve.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

If the combinationr-10% and Y-$200 billion is on the IS curve, we know that
the combinationr=10% and Y= $300 billion would represent
Select one:
a. the IS curve shifting to the right.
b. the IS curve shifting to the left.
C. a movement up the IS curve.
d. a movement down the IS curve.

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