An increase in consumer saving for any given level of

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Chapter 23 / Exercise 8
Exploring Economics
Sexton
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14. An increase in consumer saving for any given level of income will shift the: A)LMcurve upward and to the left. B)LMcurve downward and to the right. C)IScurve downward and to the left. D)IScurve upward and to the right.
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Chapter 23 / Exercise 8
Exploring Economics
Sexton
Expert Verified
Page 315. In the IS-LMmodel, a decrease in the interest rate would be the result of a(n):
16. The aggregate demand curve generally slopes downward and to the right because, for any given money supply Ma higher price level Pcauses a ______ real money supply M/P, which ______ the interest rate and ______ spending:
17. A tax cut shifts the ______ to the right, and the aggregate demand curve ______.
18. A change in income in the IS-LMmodel resulting from a change in the price level represents a ______ aggregate demand curve, while a change in income in the IS-LMmodel for a given price level represents a ______ aggregate demand curve. A) movement along the; shift in the B) shift in the; movement along the C) vertical; horizontal D) horizontal; vertical
19. A shift in the aggregate demand curve, starting from long-run equilibrium, which increases output in the short run, will ______ in the long run, as compared to a short-run equilibrium.
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