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Author Question: Animal spirits refers to A) the stubborn refusal of many economic decision-makers to use rational ... (Read 81 times)

jerry coleman

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on: Jun 30, 2018
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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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

B


jerry coleman

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

AngeliqueG

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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