• 2021-04-14
    49. Expansionary fiscal policy will cause the IS curve to shift to the right.

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    • 0

      Which business cycle theory suggests that an expansionary monetary or fiscal policy should be used to revive an economy from a recession? A: Monetarist theory. B: Keynesian theory. C: New classical theory.

    • 1

      A fall in price: A: Will cause an inward shift of demand B: Will cause an outward shift of supply C: Leads to a movement along a demand curve D: Leads to a higher level of production

    • 2

      Which of the following is NOT a fiscal policy?

    • 3

      The slope of the AS-curve becomes steeper ( ) A: as wages and prices become more flexible B: as wages become more rigid C: as the economy moves further away from full employment D: as the government implements expansionary fiscal policy

    • 4

      CO can cause a shift of the oxygen dissociation curve to left. At the apex of the lung, the arterial pressure is higher than alveolar pressure.