In the Keynesian Cross Diagram,an Increase in Investment Spending Because

question 6

Multiple Choice

In the Keynesian cross diagram,an increase in investment spending because companies become more optimistic about investment profitability causes the aggregate demand function to shift ________ and the equilibrium level of aggregate output to ________,everything else held constant.

• A)up;rise
• B)up;fall
• C)down;rise
• D)down;fall

Identify the presence and impact of biases in group decision-making.

Explain the concept of groupthink, its causes, and its symptoms.

Understand the importance of effectively pooling information within groups.

Recognize the role of technology in facilitating group decision-making.