Everything else held constant,if aggregate output is to the left of the IS curve,then there is an excess ________ of goods which will cause aggregate output to ________.
A) supply;fall
B) supply;rise
C) demand;fall
D) demand;rise
Correct Answer:
Verified
Q78: If the interest rate falls,other things being
Q79: When the interest rate is _,_ investments
Q80: Aggregate output is _ related to autonomous
Q81: The _ describes points for which the
Q82: Everything else held constant,if aggregate output is
Q84: An increase in autonomous consumer expenditure causes
Q85: In the Keynesian cross diagram,a decline in
Q86: Everything else held constant,if aggregate output is
Q87: Everything else held constant,if aggregate output is
Q88: The _ traces out the points for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents