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In the Keynesian Cross Diagram,an Increase in Autonomous Consumer Expenditure

question 103

Multiple Choice

In the Keynesian cross diagram,an increase in autonomous consumer expenditure causes the aggregate demand function to shift up,the equilibrium level of aggregate output to ________,and the IS curve to shift to the ________,everything else held constant.


Definitions:

Transformative

Relating to or causing a significant change in form, structure, or appearance.

Converting

The act of changing something into a different form or the process of adopting a new belief system or religion.

Phases

Describes distinct stages or periods in a process of development or change.

Collective Conscience

A set of shared beliefs, ideas, and moral attitudes which operate as a unifying force within society, according to Emile Durkheim.

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