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