Multiple Choice
In the Keynesian cross diagram,a decrease in investment spending because companies become more pessimistic about investment profitability causes the aggregate demand function to shift ________,the equilibrium level of aggregate output to fall,and the IS curve to shift to the ________,everything else held constant.
A) up;left
B) up;right
C) down;left
D) down;right
Correct Answer:
Verified
Correct Answer:
Verified
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