In an open economy,a shift down and to the left of the IS curve could have been caused by
A) a decline in the foreign real interest rate.
B) an increase in the demand for domestic goods relative to foreign goods.
C) an increase in foreign output.
D) a decline in domestic output.
Correct Answer:
Verified
Q73: In an open economy,an increase in foreign
Q74: A temporary decrease in government purchases would
Q75: An increase in the U.S.money supply would
Q76: An increase in foreign output would cause
Q77: In an open economy,an increase in savings
Q79: Suppose Japan is currently running a current
Q80: A classical IS-LM model of the world
Q81: An optimum currency area is a geographic
Q82: Compared to a system of fixed exchange
Q83: Compared with a system of fixed exchange
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