In the Income-Expenditure Model,if Autonomous Saving Increases by $15 Billion,_____

question 47

Multiple Choice

In the income-expenditure model,if autonomous saving increases by $15 billion,_____.

• A)the aggregate expenditure line shifts upward by $15 billion
• B)planned investment increases by $15 billion
• C)the aggregate expenditure line shifts downward by $15 billion
• D)planned investment decreases by $15 billion
• E)the equilibrium level of real GDP demanded decreases by $15 billion

---

Definitions:

World's Superpower

A state possessing dominion and significant influence globally through its economic, military, and cultural strength, notably the United States and the Soviet Union during the Cold War.

International Relations

A field of political science that studies the interactions between countries, including diplomacy, conflict, trade policies, and international organizations.

Postwar Prosperity

The economic boom experienced in many countries, especially Western nations, following the end of World War II.

American Mobility

The ability and tendency of Americans to move geographically for better opportunities, reflecting the dynamic nature of the country's labor market and society.