Everything Else Held Constant,an Increase in Autonomous Consumer Spending Will

question 10

Multiple Choice

Everything else held constant,an increase in autonomous consumer spending will cause the IS curve to shift to the ________ and aggregate demand will ________.

• A)right;increase
• B)right;decrease
• C)left;increase
• D)left;decrease

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Definitions:

Resources

Assets, materials, or other items of value that are used or could be used to facilitate the achievement of desired goals.

Self-expression

The demonstration of one's personality, beliefs, or ideas through words, clothing, and other forms of personal expression.

Self-sufficiency

Self-sufficiency refers to the ability of an individual, community, or nation to meet its needs without external assistance.

Functional Products

Goods designed primarily for their utility and performance rather than their aesthetic qualities.