A Decline in Autonomous Planned Investment Spending Causes the Equilibrium

question 54

Multiple Choice

A decline in autonomous planned investment spending causes the equilibrium level of aggregate output to ________ and shifts the ________ curve to the ________,everything else held constant.

• A)rise;LM;right
• B)rise;IS;right
• C)fall;IS;left
• D)fall;LM;left

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Definitions:

Crustaceans

Mostly marine arthropods with a calcium-hardened cuticle and two pairs of antennae; for example, lobsters, crabs, krill, and barnacles.

Antennae

Antennae are sensory appendages found on the heads of insects and some other arthropods, used for sensing the environment.

Radula

A unique, tongue-like structure in mollusks, used for feeding by scraping or cutting food before ingestion.

Scolex

The head or anterior end of a tapeworm, equipped with hooks and/or suckers for attaching to the intestinal wall of the host.