Everything Else Held Constant,a Decrease in Autonomous Consumer Spending Will

question 5

Multiple Choice

Everything else held constant,a decrease in autonomous consumer spending will cause the IS curve to shift to the ________ and aggregate demand will ________.

• A)right;increase
• B)right;decrease
• C)left;increase
• D)left;decrease

---

Definitions:

Quantified

Refers to the process of expressing or measuring something in terms of quantity or numbers, making it possible to analyze and compare objectively.

Customer Value Chain

A conceptual framework that outlines the series of steps a company takes to create value for the customer, from product development through to after-sales service.

Cross-Impact Matrix

A tool used to analyze and visualize the effects of one variable on another within a certain context, aiding in decision-making and scenario planning.