An Increase in Autonomous Consumer Expenditure Causes the Aggregate Demand

question 26

Multiple Choice

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.

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

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Definitions:

Random Letters

A sequence of letters chosen without any specific pattern or order, often used in experiments to create stimuli that lack meaningful content.

Gordon Bower

An influential psychologist known for his research in human memory, emotion, and the structure of cognitive systems.

Mnemonic Devices

Methods an individual can employ to enhance their memory and recall abilities.

Categorized Words

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