Multiple Choice
On the aggregate expenditure graph,if autonomous investment increases by $20 billion,
A) the aggregate expenditure line shifts upward by $20 billion
B) planned saving increases by $20 billion
C) the aggregate expenditure line shifts downward by $20 billion
D) planned saving decreases by $20 billion
E) the equilibrium level of real GDP demanded increases by $20 billion
Correct Answer:
Verified
Correct Answer:
Verified
Q1: If consumer spending increases,other things constant,the aggregate
Q2: If autonomous investment decreases by $60
Q3: Which of the following would cause a
Q4: A decrease in the price level will
Q6: If autonomous consumption rises by $0.8 trillion
Q7: Which of the following is not a
Q8: Which of the following is not true
Q9: The simple multiplier<br>A)when divided by consumption spending
Q10: If the mps is 0.25,the simple multiplier
Q11: If output exceeds planned aggregate spending,the result