An Increase in Autonomous Consumer Expenditure Causes the Aggregate Demand

question 18

Multiple Choice

An increase in autonomous consumer expenditure causes the aggregate demand function to shift ________, the equilibrium level of aggregate output to rise, and the IS curve to shift to the ________, everything else held constant.

• A) up; left
• B) up; right
• C) down; left
• D) down; right

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Definitions:

Racism

Bias, unfair treatment, or hostility towards an individual from a different racial background, stemming from the conviction that one's own racial group is superior.

Malcolm X

A prominent African American civil rights leader of the 20th century known for his advocacy for the rights of blacks, his criticism of the civil rights movement for being too passive, and his eventual embrace of Sunni Islam.

Ecological Theory

A framework in psychology and sociology that examines individuals through the context of their environmental interactions and how these influence development.

Robert Park

An American sociologist known for his work on urban sociology, human ecology, and race relations, significantly impacting the Chicago School of Sociology.