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The Economy Is in Equilibrium,TP = TE

Question 69

Multiple Choice

The economy is in equilibrium,TP = TE.Then,autonomous consumption rises.As a result,__________ rises,the __________ curve shifts __________,inventory levels unexpectedly __________,and business firms __________ the quantity of goods and services they produce.


A) consumption; TE; downward; fall; increase
B) consumption; TE; upward; fall; increase
C) consumption; TE; upward; rise; decrease
D) investment; TE; upward; fall; increase
E) investment; TP; leftward; fall; increase

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