Multiple Choice
Autonomous expenditure refers to
A) aggregate expenditure solely prompted by policy.
B) changes in short-run aggregate supply.
C) aggregate expenditure that does not change when real GDP changes.
D) aggregate expenditure that varies because of changes in real GDP.
Correct Answer:

Verified
Correct Answer:
Verified
Q93: After an increase in autonomous spending, in
Q94: Suppose real GDP increases from $13 trillion
Q95: An estimate of the MPC in the
Q96: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure shows
Q97: Equilibrium real GDP is $500 billion, government
Q99: The graph of the aggregate expenditure curve
Q100: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q101: The slope of the consumption function is<br>A)
Q102: As globalization has increased, the trend in
Q103: The multiplier effect is smallest<br>A) in the