the economics of money, banking, and financial markets

733 $

© 2014 Pearson Canada Inc.$

50. 
    

    Everything else held constant, an autonomous easing of monetary policy will cause
    ____.
    A) aggregate demand to increase
    B) aggregate demand to decrease
    C) the quantity of aggregate demand to increase
    D) the quantity of aggregate demand to decrease
    Answer: A
    Diff: 2 Type: MC Page Ref: 566
    Skill: Recall
    Objective List: 23.1 Apply the IS-MP framework for the determination of aggregate output and
    the interest rate

    
    


51. 
    

    Everything else held constant, an increase in autonomous consumer spending will cause the
    IS curve to shift to the ____ and aggregate demand will ____.
    A) right; increase
    B) right; decrease
    C) left; increase
    D) left; decrease
    Answer: A
    Diff: 2 Type: MC Page Ref: 565
    Skill: Recall
    Objective List: 23.1 Apply the IS-MP framework for the determination of aggregate output and
    the interest rate

    
    


52. 
    

    Everything else held constant, a decrease in autonomous consumer spending will cause the
    IS curve to shift to the ____ and aggregate demand will ____.
    A) right; increase
    B) right; decrease
    C) left; increase
    D) left; decrease
    Answer: D
    Diff: 2 Type: MC Page Ref: 565 - 566
    Skill: Recall
    Objective List: 23.1 Apply the IS-MP framework for the determination of aggregate output and
    the interest rate