[{"id":214079,"question":"A decline in the money supply shifts the LM curve to the left causing the interest rate to ________ and output to___","choices":[{"text":"rise ; rise","value":"A"},{"text":"rise ; fall","value":"B"},{"text":"fall ; rise","value":"C"},{"text":"fall ; fall","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214078,"question":"A decline in the money__________ shifts the LM curve to the ____ causing the interest rate to rise and output to fall.","choices":[{"text":"Demand ; right","value":"A"},{"text":"demand ; left","value":"B"},{"text":"supply ; right","value":"C"},{"text":"supply ; left","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214077,"question":"A decrease in the quantity of money supplied shifts the money supply curve to the _____ and the LM curve to the","choices":[{"text":"right ; left","value":"A"},{"text":"right ; right","value":"B"},{"text":"left ; left","value":"C"},{"text":"left ; right","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214076,"question":"An increases in the quantity of money supplied shifts the money supply curve to the _____and the LM curve to the","choices":[{"text":"right ; left","value":"A"},{"text":"right ; right","value":"B"},{"text":"left ; left","value":"C"},{"text":"left ; right","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214075,"question":"A decrease in the quantity of money supplied shifts the money supply curve to the________ and the equilibrium interest rate","choices":[{"text":"right ; fall","value":"A"},{"text":"right ; rises","value":"B"},{"text":"left ; falls","value":"C"},{"text":"left ; rises","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214074,"question":"An increase in the quantity of money supplied shifts the money supply curve to the_______ and the equilibrium interest rate","choices":[{"text":"right ; falls","value":"A"},{"text":"right ; rises","value":"B"},{"text":"left ; falls","value":"C"},{"text":"left ; rises","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214073,"question":"If the Federal reserve conducts open market __ the money supply __ shifting LM curve to the left.","choices":[{"text":"Purchases ; decreases","value":"A"},{"text":"sales ; decreases","value":"B"},{"text":"purchases ; increases","value":"C"},{"text":"sales ; increases","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214072,"question":"If the Federal reserve conducts open market ________ the money supply _______ shifting the LM curve to the right.","choices":[{"text":"Purchases ; decreases","value":"A"},{"text":"sales ; increases","value":"B"},{"text":"purchases ; increases","value":"C"},{"text":"sales ; decreases","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214071,"question":"If Federal reserve conducts open market sales, the money supply ___ shifting the LM curve to the_____","choices":[{"text":"decreases ; right","value":"A"},{"text":"decreases ; left","value":"B"},{"text":"Increases ; right","value":"C"},{"text":"Increase ; left","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214070,"question":"An increase in the money supply other thighs equal shifts the ______ curve to the","choices":[{"text":"IS ; right","value":"A"},{"text":"Is ; left","value":"B"},{"text":"LM ; Left","value":"C"},{"text":"LM ; right","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214069,"question":"Which of the followig does not shift the IS curve .","choices":[{"text":"An increases in autonomous consumption","value":"A"},{"text":"An increase in government spending.","value":"B"},{"text":"A decline in government spending","value":"C"},{"text":"A fall in theinterest rate","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214068,"question":"Factor that cause the IS curve to shift include.","choices":[{"text":"Change in autocoups consumer spending","value":"A"},{"text":"Change in taxes","value":"B"},{"text":"Change in government spending","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214067,"question":"Factors that cause the IS curve to shift include.","choices":[{"text":"Changes in autonomous consumer spending","value":"A"},{"text":"Changes in government spending","value":"B"},{"text":"Changes in investment spending related to business confidence","value":"C"},{"text":"All of the above","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214066,"question":"An increases in the value of the Rupee makes foreign goods cheaper relative to Pakistan goods, resulting in a _______ in net exports and a __ shift of the IS curve","choices":[{"text":"fall ; leftward","value":"A"},{"text":"rise ; leftward","value":"B"},{"text":"fall ; rightward","value":"C"},{"text":"rise ; rightward","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214065,"question":"A decline in the value of the rupee makes Pakistan goods cheaper relative to foreign goods, resulting in a _________ in net exports and a ________shifts of the IS curve.","choices":[{"text":"fall ; leftward","value":"A"},{"text":"rise ; leftward","value":"B"},{"text":"fall ; rightward","value":"C"},{"text":"rise ; rightward","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214064,"question":"A shift in tastes toward foreign goods ______ net exports and causes the IS curve to shift to the","choices":[{"text":"decreases ; right","value":"A"},{"text":"decrease ; left","value":"B"},{"text":"increase ; right","value":"C"},{"text":"increases ; left","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214063,"question":"A shift in tastes toward Pakistan goods ________ net exports and causes the IS curve to shift to the.","choices":[{"text":"decreases ; right","value":"A"},{"text":"decreases ; fall","value":"B"},{"text":"increases ; rise","value":"C"},{"text":"increases ; fall","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214062,"question":"A shift in tastes toward Pakistan goods ______ net exports and causes the quantity of aggregate output demanded to______","choices":[{"text":"decreases ; rise","value":"A"},{"text":"decreases ; fall","value":"B"},{"text":"Increases ; rise","value":"C"},{"text":"Increase ; fall","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214061,"question":"A shift in tastes loward foreign goods______ net exports and causes the quantity of aggregate output demanded to.","choices":[{"text":"decreases ; rise","value":"A"},{"text":"decreases ; fall","value":"B"},{"text":"increases ; rise","value":"C"},{"text":"increases ; fall","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214060,"question":"When the value of the Rupee rises Pakistan goods become _____ expensive relative to foreign goods which ___ exports.","choices":[{"text":"more ; iincreases","value":"A"},{"text":"less ; increases","value":"B"},{"text":"more ; decreases","value":"C"},{"text":"more ; increases","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214059,"question":"An autonomous rise in the value of the Rupee makes Pakistan goods _____ expensive relative to foresight goods which ______ net exports","choices":[{"text":"Less ; decreases","value":"A"},{"text":"Less ; increases","value":"B"},{"text":"More ; decreases","value":"C"},{"text":"more ; increases","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214058,"question":"An autonomous decline in the value of the Pakistan Rupee makes Pakistan goods _______ relative to foreign goods and results in a ______ in net exports.","choices":[{"text":"Cheaper ; decline","value":"A"},{"text":"Cheaper ; rise","value":"B"},{"text":"dearer ; decline","value":"C"},{"text":"dearer ; rise","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214057,"question":"If young busness professionals in Pakistan suddenly decide that driving japan made cars is an important status symbol net exports will tend to _____________causing aggregate demand to.","choices":[{"text":"fall ; fall","value":"A"},{"text":"fall ; rise","value":"B"},{"text":"rise ; fall","value":"C"},{"text":"rise ; rise","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214056,"question":"A tax cut __ disposable income _____ consumption expenditure and shifts the IS curve to the.","choices":[{"text":"Increases ; increases ; right","value":"A"},{"text":"Increases ; decreases ; left","value":"B"},{"text":"decreases ; increases ; left","value":"C"},{"text":"decreases ; decreases ; right","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214055,"question":"A tax increase __________ disposable income ____ consumption expenditure and shifts the IS curve to the.","choices":[{"text":"Increase; increases ; right","value":"A"},{"text":"Increase ; decreases ; left","value":"B"},{"text":"decreases ; increases ; left","value":"C"},{"text":"decreases ; decreases ; left","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214054,"question":"A decline in taxes __ consumer expenditure and shifts the _ curve shifts to the.","choices":[{"text":"Raises ; LM; Right","value":"A"},{"text":"Lowers; IS ; left","value":"B"},{"text":"raises ; IS; right","value":"C"},{"text":"Lower ; LM; left","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214053,"question":"The IS curve shifts to the left when","choices":[{"text":"Taxes increase","value":"A"},{"text":"Government spending increase","value":"B"},{"text":"The money supply increases","value":"C"},{"text":"All of the above occur","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214052,"question":"Increases in government spending increase interest rates and aggregate output in the ISLM framework this is a ____ shift of the _____ curve.","choices":[{"text":"Left ward ; LM","value":"A"},{"text":"Right ; LM","value":"B"},{"text":"Left ward ; IS","value":"C"},{"text":"Left ward ; AD","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214051,"question":"A reduction in government spending causes the equilibrium level of aggregate output to ___________ at any given interest rate and shifts the ________ curve to the.","choices":[{"text":"fall ;LM; right","value":"A"},{"text":"fall ;IS; Left","value":"B"},{"text":"fall ;LM; Left","value":"C"},{"text":"rise ;LM; Rifht","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214050,"question":"An increase in government spending causes the equilibrium level of aggregate output to_______ at any given interest rate and shifts the ____ curve to the","choices":[{"text":"rise ; LM ; right","value":"A"},{"text":"rise ; LM ;Left","value":"B"},{"text":"fall ; IS ; Left","value":"C"},{"text":"rise ; IS ;right","value":"D"},{"value":"E"}],"correctAnswer":4}]