During the first Gulf War
A) the interest rate rose.
B) current output rose.
C) the IS curve shifted up to the right.
D) the IS curve shifted down to the left.
Correct Answer:
Verified
Q29: In the savings-investment diagram, we know that
Q30: The intersection of the IS curve and
Q31: In comparison with a closed economy, in
Q32: In a large open economy,
A)domestic saving need
Q33: In a move up the IS curve,
A)investment
Q35: Which of the following would NOT cause
Q36: With respect to the IS curve for
Q37: At a point below the IS curve,
A)there
Q38: At a point below the IS curve,
A)there
Q39: The IS curve for a small open
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