An Increase in Autonomous Consumption Has a Greater Impact on Equilibrium

question 4

True/False

An increase in autonomous consumption has a greater impact on equilibrium output in the Keynesian cross model than the IS-LM model.

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Definitions:

Molarity

A measure of concentration expressed as the number of moles of a solute per liter of solution.

Diluted

The process of reducing the concentration of a solute in a solution, typically by adding more solvent.

Molarity

A concentration measure of a solution, represented by the number of moles of solute per liter of solution.

Solution

A homogeneous mixture composed of two or more substances, where the solute is uniformly dispersed within the solvent.