[{"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},{"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}]