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A Decrease in Autonomous Consumer Expenditure Causes the Equilibrium Level

question 16

Multiple Choice

A decrease in autonomous consumer expenditure causes the equilibrium level of aggregate output to ________ at any given interest rate and shifts the ________ curve to the ________, everything else held constant.


Definitions:

Growth Needs

Innate human requirements for personal development and self-improvement, beyond basic physical necessities.

Self-Actualization

The realization or fulfillment of one's talents and potentialities, considered as a drive or need present in everyone.

Cognitive Needs

Mental requirements such as learning, thought, and problem-solving that humans need to function and develop properly.

Low-Grade Fever

A mild elevation in body temperature above the normal range, often indicative of an underlying infection or inflammation.

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