Macro IS LM

Macro IS LM

University

20 Qs

quiz-placeholder

Similar activities

Personal Finance- Managing personal finance

Personal Finance- Managing personal finance

10th Grade - University

20 Qs

Financial Market Quiz

Financial Market Quiz

University

15 Qs

NGPF Savings

NGPF Savings

9th Grade - University

15 Qs

NGPF Savings Account

NGPF Savings Account

9th Grade - University

15 Qs

NGPF Savings Review

NGPF Savings Review

9th Grade - University

20 Qs

Bond Test #2

Bond Test #2

University

15 Qs

Economics Quiz

Economics Quiz

University

20 Qs

MACRO FINAL REVIEW CH 10

MACRO FINAL REVIEW CH 10

University

15 Qs

Macro IS LM

Macro IS LM

Assessment

Quiz

Financial Education

University

Easy

Created by

Geraldyn Borbe

Used 2+ times

FREE Resource

20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A decrease in government spending shifts the IS curve ____

Neither left nor downward

To the left

To the right

Either right or upward

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the short run, a monetary expansion leads to ____.

A decrease in output

No effect on output

Either increase or decrease in output

An increase in output

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If M/P is unchanged, it must be that ____.

M and P increased in the same proportion

The increase in P < done the increase in M

M is equal to P

The increase in M > than the increase in P

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following shifts the LM curve?

T

M

P

G

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

It reflects all combinations of i and Y where the goods market is in equilibrium

Aggregate supply relation

Aggregate demand relation

IS relation

LM relation

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Given the central banks sale of bonds, which of the following would be a result of the simultaneous equilibrium in the economy?

Upward shift of the IS curve

Increase in interest rate

Downward shift of the LM curve

Increase in output

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Given an increase in taxes, which of the following would be a result of the simultaneous equilibrium in the economy?

Increase in output

Increase in interest rate

Downward shift of the IS curve

Downward shift of the LM curve

Create a free account and access millions of resources

Create resources
Host any resource
Get auto-graded reports
or continue with
Microsoft
Apple
Others
By signing up, you agree to our Terms of Service & Privacy Policy
Already have an account?