What Would Be the Result of a Decrease in Autonomous

question 66

Multiple Choice

What would be the result of a decrease in autonomous saving?  

• A) an upward shift of the aggregate expenditure line 
• B) an upward shift of the 45-degree line 
• C) a decrease in the equilibrium level of real GDP demanded 
• D) an increase in the level of autonomous consumption

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Definitions:

Puritan Migrations

The movement of English Puritans in the 16th and 17th centuries, largely to North America, to escape religious persecution and establish communities based on their beliefs.

English Civil War

A sequence of military engagements and political strategies involving Parliamentarians ("Roundheads") and Royalists ("Cavaliers") in England, spanning from 1642 to 1651.

Commonwealth Periods

Commonwealth Periods refer to times in the history of certain nations where they were governed as a commonwealth, a political community founded for the common good, often after periods of colonial rule or monarchy.

Pueblo Revolt

A 1680 uprising of most of the indigenous Pueblo people against the Spanish colonizers in the province of Santa Fe de Nuevo México.