If Autonomous Consumption Decreases,which of the Following Would Occur in the Short

question 25

Multiple Choice

If autonomous consumption decreases,which of the following would occur in the short run?

• A) a decrease in GDP,a decrease in the price level,a decrease in money demand and a decrease in the interest rate.
• B) an increase in GDP,an increase in the price level,an increase in money demand and an increase in the interest rate.
• C) a decrease in GDP,an increase in the price level,an increase in money demand and an increase in the interest rate.
• D) an increase in GDP,a decrease in the price level,a decrease in money demand and an increase in the interest rate.
• E) a decrease in GDP,a decrease in the price level,an increase in money demand and an increase in the interest rate.

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Definitions:

Qualitative Forecasting

A method of prediction that uses non-numeric data such as expert opinions, market trends, and other unquantifiable information to anticipate future events.

Managerial Input

Guidance, feedback, and decision-making contributions made by managers to shape strategies and operations.

Workforce Requirements

The specific needs and qualifications an organization requires from its employees to successfully meet its objectives and goals.

HR Budgets

Refers to the financial planning specifically allocated for human resource activities, including recruitment, training, benefits, and compensation.