Which of the Following Would Result from a Decrease in Autonomous

question 53

Multiple Choice

Which of the following would result from 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
• E)an increase in the level of autonomous investment

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Definitions:

Equipment

Durable goods used in operations, such as machinery and office hardware.

Equipment Purchase

The acquisition of physical assets such as machinery or office equipment that a business uses in its operating activities.

Cash

Money in the form of physical currency or balances held in bank accounts, considered the most liquid form of assets.

Poker Company

A business entity that provides platforms or environments for playing poker, either in physical locations or online.