If the Level of Autonomous Spending in an Economy Increases

question 85

Multiple Choice

If the level of autonomous spending in an economy increases at a given price level,_____.

• A)the aggregate expenditure line shifts upward and the economy moves upward along the aggregate demand curve
• B)the aggregate expenditure line shifts downward and the economy moves upward along the aggregate demand curve
• C)the aggregate expenditure line shifts upward and the aggregate demand curve shifts to the right
• D)the aggregate expenditure line shifts downward and the aggregate demand curve shifts to the left
• E)the aggregate expenditure curve shifts upward and the aggregate demand curve shifts to the left

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Definitions:

Conscious

The state of being aware of and able to think about one's surroundings, thoughts, and feelings.

Critical Rationalists

Individuals who advocate for the approach of systematically questioning and critically examining one's own beliefs and views.

Abraham and Isaac

A biblical story from the Book of Genesis about Abraham's faith being tested by God, who commands him to sacrifice his son Isaac, before stopping him at the last moment.

Essentially

At its core or in its most important aspects.