Multiple Choice
A $2,000 decrease in investment will shift the aggregate expenditures curve down by:
A) exactly $2,000 and will decrease the equilibrium level of real GDP by exactly $2,000.
B) exactly $2,000 and will decrease the equilibrium level of real GDP by less than $2,000.
C) exactly $2,000 and will decrease the equilibrium level of real GDP by more than $2,000.
D) less than $2,000 and will decrease the equilibrium level of real GDP by less than $2,000.
Correct Answer:
Verified
Correct Answer:
Verified
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