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An Increase in Autonomous Consumer Expenditure Causes the Equilibrium Level

Question 4

Multiple Choice

An increase in autonomous consumer expenditure causes the equilibrium level of aggregate output to ________ at any given interest rate and shifts the ________ curve to the ________,everything else held constant.


A) rise;LM;right
B) rise;IS;right
C) fall;LM;left
D) fall;IS;left

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