Explain which of these changes represent a move along the IS curve and/or which represent a shift of the IS curve and why.
PLEASE DO NOT ANSWER UNLESS YOU THOROUGHLY UNDERSTAND IS CURVES
(1) Stock market boom boosts consumption and investment
(2) Government cuts taxes by $50 billion
(3) Government passes $50 billion public works bill and pays for it with a $50 billion tax increase
(4) Fed boosts interest rate from 5% to 6%
(5) Tax receipts fall $30 billion as economy plunges into recession
(6) Value of the dollar rises 10%, cutting net exports by $40 billion
(7) Net exports rise $20 billion as Asian economy recovers
(8) Rise in interest rates diminishes housing starts
(9) Mortgage interest is no longer deductible, so housing starts decline