[{"id":214049,"question":"In the ISLM framework the decreasing investment spending believed by Keynes to be the cause of the Great Depression would be illustrated by a shift of 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":2},{"id":214048,"question":"A decrease in fully autonomous investment other things 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":2},{"id":214047,"question":"A decrease in fully autonomous investment other things 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":2},{"id":214046,"question":"in the Keynesian cross diagram, a decrease in investment spending because companies become more pessimistic about investment profitability causes the aggregate demand function to shift _____the equilibrium level of aggregate output to ______l and the IS curve Curve to shift to the.","choices":[{"text":"rise ; left","value":"A"},{"text":"rise ; right","value":"B"},{"text":"fall ; left","value":"C"},{"text":"fall ; right","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214045,"question":"in the Keynesian cross diagram, a decrease in investment spending because companies become more pessimistic about investment profitability causes the aggregate demand function to shift _____the equilibrium level of aggregate output to fall and the IS curve to shift to the.","choices":[{"text":"up ; left","value":"A"},{"text":"up ; right","value":"B"},{"text":"down ; left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214044,"question":"In the Keynesian cross diagram an increasing investment spending because companies become more optimistic about investment profitability causes the aggregate demand function to shift ______ and the equilibrium level of aggregate output to rise and the IS curve to shift to the","choices":[{"text":"up ; right","value":"A"},{"text":"up ; left","value":"B"},{"text":"down ;left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214043,"question":"In the Keynesian cross diagram an increasing investment spending because companies become more optimistic about investment profitability causes the aggregate demand function to shift ______ and the equilibrium level of aggregate output to rise and the IS curve to shift to the","choices":[{"text":"up ; right","value":"A"},{"text":"up ; left","value":"B"},{"text":"down ;left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214042,"question":"In the Keynesian cross diagram an increasing investment spending because companies become more optimistic about investment profitability causes the aggregate demand function to shift ______ and the equilibrium level of aggregate output to rise and the IS curve to shift to the","choices":[{"text":"up ; right","value":"A"},{"text":"up ; left","value":"B"},{"text":"down ;left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214041,"question":"In the Keynesian cross diagram an increasing investment spending because companies become more optimistic about investment profitability causes the aggregate demand function to shift _____ and the equilibrium level of aggregate output to.","choices":[{"text":"up ; rise","value":"A"},{"text":"up ; fall","value":"B"},{"text":"down ;rise","value":"C"},{"text":"down ; fall","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214040,"question":"In the Keynesian cross diagram a decrease in investment spending because companies become more pessimistic about investment profitability causes the aggregate demand function to shift ______ and the equilibrium level of aggregate output to ______","choices":[{"text":"up ; rise","value":"A"},{"text":"up ; fall","value":"B"},{"text":"down ;rise","value":"C"},{"text":"down ; fall","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214039,"question":"A decline in planned investment spending unrelated to the interest rate focuses the equilibrium level of aggregate output to ________ and shifts the _ curve to the _______","choices":[{"text":"rise; Lm ; RIGHT","value":"A"},{"text":"RISE ; is; right","value":"B"},{"text":"fall ; IS; Left","value":"C"},{"text":"rise ; LM; left","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214038,"question":"A rise in planned investment spending unrelated to the interest rate causes teh equilibrium level of aggregate output to __________ at shifts the _____ curve to the _______","choices":[{"text":"rise ; LM ;right","value":"A"},{"text":"rise ; IS ; right","value":"B"},{"text":"Fall ; LM ; left","value":"C"},{"text":"rise ;IS; right","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214037,"question":"A decrease in autonomous consumer expenditure 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 ; IS ; right","value":"B"},{"text":"Fall ; LM ; left","value":"C"},{"text":"rise ;IS; Left","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214036,"question":"A decrease in autonomous consumer expenditure 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 ; IS ; right","value":"B"},{"text":"Fall ; LM ; left","value":"C"},{"text":"rise ;IS; Left","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214035,"question":"An increase in autonomous consumer expenditure causes the equilibrium levelof aggregate output to _______ at any given interest rate and shifts the ____ curve to the","choices":[{"text":"rise ; LM ;right","value":"A"},{"text":"rise ; IS ; right","value":"B"},{"text":"fall ; LM, Left","value":"C"},{"text":"rise ; IS ; Left","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214034,"question":"An increase in autonomous consumer expenditure causes the equilibrium levelof aggregate output to _______ at any given interest rate and shifts the ____ curve to the","choices":[{"text":"rise ; LM ;right","value":"A"},{"text":"rise ; IS ; right","value":"B"},{"text":"fall ; LM, Left","value":"C"},{"text":"rise ; IS ; Left","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214033,"question":"An increase in autonomous consumer expenditure causes the equilibrium levelof aggregate output to _______ at any given interest rate and shifts the ____ curve to the","choices":[{"text":"rise ; LM ;right","value":"A"},{"text":"rise ; IS ; right","value":"B"},{"text":"fall ; LM, Left","value":"C"},{"text":"rise ; IS ; Left","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214032,"question":"In the Keynesian corss diagra, an increase in autonomous consumer expenditure causes the aggregate demand function to shift up the equilibrium level of aggregate output to _______ and the IS curve to shift to the _______","choices":[{"text":"rise ; left","value":"A"},{"text":"rise ; right","value":"B"},{"text":"fall ; left","value":"C"},{"text":"fall ; right","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214031,"question":"In the Keynesian cross diagram a decline in autonomous consumer expenditure causes the aggregate demand function to shift down The equilibrium level of aggregate output to ___________ and the IS curve to shift to the","choices":[{"text":"rise,; left","value":"A"},{"text":"rise ;right","value":"B"},{"text":"fall ; left","value":"C"},{"text":"fall ; right","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214030,"question":"In the Keynesian corss diagram, and cline in autonomous consumer expenditure causes the aggregate demand function to shift down the equilibrium level of aggregate output to___________ and the IS curve to shift to the.","choices":[{"text":"up ; left","value":"A"},{"text":"up ; right","value":"B"},{"text":"down ; left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214029,"question":"In the Keynesian corss diagram, and cline in autonomous consumer expenditure causes the aggregate demand function to shift down the equilibrium level of aggregate output to___________ and the IS curve to shift to the.","choices":[{"text":"up ; left","value":"A"},{"text":"up ; right","value":"B"},{"text":"down ; left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214028,"question":"In the Keynesian corss diagram, and cline in autonomous consumer expenditure causes the aggregate demand function to shift _____ the equilibrium level of aggregate output to fall, and the IS curve to shift to the.","choices":[{"text":"up ; left","value":"A"},{"text":"up ; right","value":"B"},{"text":"down ; left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214027,"question":"In the Keynesian cross diagram, an increase in autonomous consumer function to shift _______ the equilibrium level of aggregate output to rise and the IS curve to shift to the.","choices":[{"text":"up ; left","value":"A"},{"text":"up ; right","value":"B"},{"text":"down ; left","value":"C"},{"text":"down ; right","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214026,"question":"In the Keynesian cross diagram, an expenditure causes the aggregate demand function to shift _________ and the equilibrium level of aggregate output to.","choices":[{"text":"up ; rise","value":"A"},{"text":"up ; fall","value":"B"},{"text":"down ; rise","value":"C"},{"text":"down ; fall","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214025,"question":"In the Keynesian cross diagram, a decline in autonomous consumer expenditure causes the aggregate demand function to shift ______ and the equilibrium level of aggregate output to.","choices":[{"text":"up ; rise","value":"A"},{"text":"up ; fall","value":"B"},{"text":"down ; rise","value":"C"},{"text":"down ; fall","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214024,"question":"Other things equal a decrease in autonomous consumption shifts the _____ curve to the","choices":[{"text":"IS ; RIGHT","value":"A"},{"text":"IS ; Left","value":"B"},{"text":"LM ; Left","value":"C"},{"text":"LF ; Right","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":214023,"question":"If the Central Bank wanted to decrease the quantity of money held by the public it would.","choices":[{"text":"Sell government securities","value":"A"},{"text":"Buy government securities","value":"B"},{"text":"Lower the legal reserve requirement","value":"C"},{"text":"Raise taxes","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":214022,"question":"A decrease in the legal reserve ratio from 25% to 20% will","choices":[{"text":"Result in light money","value":"A"},{"text":"Be contractionary","value":"B"},{"text":"Increases excess reserves and the potential money multiplier","value":"C"},{"text":"Decrease excess reserves and the potential money multiplier","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":214021,"question":"The money multiplier is 4, and the money creating potential of the banking system is Rs. 40,000,000. The legal reserve ratio and the excess reserves are.","choices":[{"text":"40 percent and Rs. 4,000,000","value":"A"},{"text":"40 percent and Rs. 10,000,000","value":"B"},{"text":"25 percent and Rs. 2.500,000","value":"C"},{"text":"25 percent and Rs.10,000,000","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":214020,"question":"If the central Bank wished to Tighten money is would.","choices":[{"text":"Lower the discount rate","value":"A"},{"text":"Sell government securities","value":"B"},{"text":"Lower the legal reserve ratio","value":"C"},{"text":"Lower the tax rate","value":"D"},{"value":"E"}],"correctAnswer":2}]