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A Decline in Autonomous Planned Investment Spending Causes the Equilibrium

Question 54

Multiple Choice

A decline in autonomous planned investment spending causes the equilibrium level of aggregate output to ________ and shifts the ________ curve to the ________,everything else held constant.


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

Correct Answer:

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