Author Question: Along any single indifference curve the ________. A) consumer is equally satisfied with any of ... (Read 75 times)

altibaby · **on:** Jun 30, 2018

Along any single indifference curve the ________.

A) consumer is equally satisfied with any of the combinations of goods
B) level of current income is unchanged
C) level of future income is unchanged
D) level of current and future income is unchanged

Question 2

Under a fixed exchange rate system, if the government decides to devalue its currency, net exports will ________ and the IS curve will shift to the ________.

A) increase; left
B) increase; right
C) decrease; left
D) decrease; right