As shown in Figure 7-4, an autonomous decline in expectations of ...

[APUS57]

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

[fdliggud]

Answer to Question 1

A

Answer to Question 2

C

[APUS57]

Excellent

TYSM