From 1979 to 1982 the US economy
A) experienced a shifting of the IS curve to the left due to an increase in interest rates.
B) experienced a movement down and to the right along the IS curve.
C) experienced a shifting of the IS curve to the left because of decreased business optimism, tax increases, and decreased government spending.
D) experienced a movement up and to the left along the IS curve.
Correct Answer:
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Q58: The major determinant of the term premium
Q59: Long-term interest rates will be _ relative
Q60: Long-term interest rates will be _ relative
Q61: In the 1960s the IS curve
A) shifted
Q62: In the late 1970s (1977 to 1979)
Q64: In the early 1980s (1982 to 1985)
Q65: In the late 1980s (1985 to 1990)
Q66: In the early 1990s (1990 to 1992)
Q67: From 1992 until the end of the
Q68: During the 1990s,
A) real GDP increased, the
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