Multiple Choice
Which of the following would result from a decrease in autonomous saving?
A) an upward shift of the aggregate expenditure line
B) an upward shift of the 45-degree line
C) a decrease in the equilibrium level of real GDP demanded
D) an increase in the level of autonomous consumption
E) an increase in the level of autonomous investment
Correct Answer:
Verified
Correct Answer:
Verified
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Q51: An increase in the price level can
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Q54: If households save $30 billion more at
Q55: If the level of autonomous spending increases
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Q57: If the marginal propensity to consume is
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