Whenever There Is an Increase in Autonomous Consumption Spending,there Will

question 116

Multiple Choice

Whenever there is an increase in autonomous consumption spending,there will be

• A) an upward shift of the aggregate expenditure line causing equilibrium GDP to rise
• B) an upward shift of aggregate expenditure line,but no change in equilibrium GDP
• C) no change in the aggregate expenditure line,but equilibrium GDP will rise
• D) an upward shift of the aggregate expenditure line,causing equilibrium GDP to fall
• E) no change in the aggregate expenditure line or equilibrium GDP

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Definitions:

Bargain Collectively

The process by which employers and employees negotiate labor contracts, including wages, working conditions, and other employment terms, through their representatives.

Human Rights Legislation

Laws designed to protect individuals and groups from discrimination and to safeguard their fundamental human rights and freedoms.

Trade Unions

Organizations formed by workers to protect their rights, improve working conditions, negotiate wages, and address grievances with employers.

Labour Statutes

Labour statutes are laws specifically related to the rights and obligations of workers and employers, often dealing with conditions of employment, worker safety, and collective bargaining.