Author Question: As shown in Figure 7-4, an autonomous decline in expectations of future profitability causes the ... (Read 227 times)

APUS57 · **on:** Jun 30, 2018

As shown in Figure 7-4, an autonomous decline in expectations of future profitability causes the

a. IS schedule to shift to the left.
b. IS schedule to shift to the right.
c. LM schedule to shift to the right.
d. LM schedule to shift to the left.

Question 2

When an economy experiences a one-time increase in productivity, there is an increase in the long-run, steady state value of ________.

A) the growth rate of output
B) the depreciation rate
C) consumption per worker
D) the saving rate