In the Basic Keynesian Model,a $1 Billion Decrease in Autonomous

question 142

Multiple Choice

In the basic Keynesian model,a $1 billion decrease in autonomous consumption leads to ________ in short-run equilibrium output.

• A) a $1billion increase
• B) an increase of more than $1 billion
• C) no change
• D) a $1 billion decrease
• E) a decrease of more than $1 billion

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Definitions:

Classical Musician

A professional musician who performs, composes, or conducts music from the classical tradition, encompassing works from the Baroque, Classical, Romantic, and modern eras.

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Extrinsic Sources

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