Holding All Else Constant, a Change in Autonomous Aggregate Expenditures

question 3

Multiple Choice

Holding all else constant, a change in autonomous aggregate expenditures will shift in aggregate demand by an amount equal to

• A) the change in autonomous aggregate expenditures.
• B) the multiplier times the change in autonomous aggregate expenditures.
• C) the change in real GDP divided by the change in autonomous aggregate expenditures.
• D) the multiplier.

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Definitions:

Theodore Levitt

An economist known for his work in marketing and for coining the term "globalization" in the business context.

Leadership

The act of guiding, directing, or influencing others within an organization or team towards achieving goals or completing tasks.

Railroads

Land transport routes for trains that provide critical infrastructure for moving people and goods over long distances.

Strategies

Planned actions or policies designed to achieve a major or overall aim and to secure a competitive position in the market.