Examlex

Solved

Everything Else Held Constant,an Increase in Autonomous Planned Investment Spending

question 23

Multiple Choice

Everything else held constant,an increase in autonomous planned investment spending will cause the IS curve to shift to the ________ and aggregate demand will ________.


Definitions:

Opportunity Cost

The value of the best alternative that is forgone in making any choice or decision.

Terms of Trade

The ratio between a country's export prices and its import prices, indicating the quantity of imports goods a country can purchase through the sale of its exports.

Supply and Demand

Fundamental economic model describing how prices vary as a result of a balance between product availability and consumers' purchasing desires.

Opportunity Cost

The financial loss associated with rejecting the subsequent preferable choice when deciding or selecting amongst various options.

Related Questions