Multiple Choice
If the level of autonomous spending increases at a given price level,
A) the aggregate expenditure line shifts upward; the economy moves upward along the aggregate demand curve
B) the aggregate expenditure line shifts downward; the economy moves upward along the aggregate demand curve
C) the aggregate expenditure line shifts upward; the aggregate demand curve shifts to the right
D) the aggregate expenditure line shifts downward; the aggregate demand curve shifts to the left
E) the aggregate expenditure curve shifts upward; the aggregate demand curve shifts to the left
Correct Answer:

Verified
Correct Answer:
Verified
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Q51: An increase in the price level can
Q52: If the level of autonomous spending decreases
Q53: Which of the following would result from
Q54: If households save $30 billion more at
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Q57: If the marginal propensity to consume is
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Q59: The aggregate demand curve illustrates a relationship
Q60: If the price level rises,<br>A)the aggregate expenditures