An Increase in Aggregate Expenditure Has What Result on Equilibrium

question 100

Multiple Choice

An increase in aggregate expenditure has what result on equilibrium GDP?

• A)Equilibrium GDP rises.
• B)Equilibrium GDP is not affected by a decrease in aggregate expenditure.
• C)Equilibrium GDP falls.
• D)Equilibrium GDP may rise or fall depending on the size of the decrease in aggregate expenditure relative to the initial level of GDP.

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Definitions:

Autocratic Leader

A leadership style where decision-making is centralized in the leader, often without input or consultation from others.

Participative Leader

A leadership style characterized by involving team members in decision-making processes and valuing their input.

Consultative Leader

A leadership style where the leader seeks input from team members before making decisions, emphasizing collaboration and advice.

Group Development

A dynamic process involving stages through which groups pass as they evolve, including forming, storming, norming, performing, and adjourning.