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Author Question: Animal spirits refers to A) the stubborn refusal of many economic decision-makers to use rational ... (Read 115 times)

jerry coleman

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Animal spirits refers to
 
  A) the stubborn refusal of many economic decision-makers to use rational expectations.
  B) movements in investment that cannot be explained by changes in current variables.
  C) the often-observed Fed refusal to cooperate with the government in setting its monetary policy.
  D) the impact of tax-evasion on the budget deficit.
  E) an exotic alcoholic drink favored by Wall Street traders.

Question 2

When x decreases
 
  A) IS curve shifts to the left.
  B) IS curve shifts to the right.
  C) LM curve shifts upward.
  D) LM curve shifts downward.



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Anna

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Answer to Question 1

B

Answer to Question 2

B




jerry coleman

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


nathang24

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Reply 3 on: Yesterday
Gracias!

 

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