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Refer to the Diagram for a Private Closed Economy (C+Ig)1\left( \mathrm { C } + I _ { g } \right) _ { 1 }

Question 32

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   Refer to the diagram for a private closed economy. The upward shift of the aggregate expenditures schedule from  \left( \mathrm { C } + I _ { g } \right)  _ { 1 }  to  \left( \mathrm { C } + I _ { g } \right)  _ { 2 }  reflects A)  an increase in investment expenditures. B)  a decrease in consumption expenditures. C)  an increase in the MPC. D)  an increase in the APS. Refer to the diagram for a private closed economy. The upward shift of the aggregate expenditures schedule from (C+Ig) 1\left( \mathrm { C } + I _ { g } \right) _ { 1 } to (C+Ig) 2\left( \mathrm { C } + I _ { g } \right) _ { 2 } reflects


A) an increase in investment expenditures.
B) a decrease in consumption expenditures.
C) an increase in the MPC.
D) an increase in the APS.

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