If Autonomous Consumption Decreases,which of the Following Would Occur in the Short

question 25

Multiple Choice

If autonomous consumption decreases,which of the following would occur in the short run?

• A) a decrease in GDP,a decrease in the price level,a decrease in money demand and a decrease in the interest rate.
• B) an increase in GDP,an increase in the price level,an increase in money demand and an increase in the interest rate.
• C) a decrease in GDP,an increase in the price level,an increase in money demand and an increase in the interest rate.
• D) an increase in GDP,a decrease in the price level,a decrease in money demand and an increase in the interest rate.
• E) a decrease in GDP,a decrease in the price level,an increase in money demand and an increase in the interest rate.

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Definitions:

Secede

The act of formally withdrawing from an organization, alliance, or especially a political entity such as a country or union, often to express dissent or seek autonomy.

Bill of Rights

The first ten amendments to the United States Constitution, guaranteeing fundamental civil rights and liberties to American citizens.

Trial by Jury

A legal process in which a group of people (the jury) is selected to review evidence and make a decision in a court case, ensuring a fair trial.

David Ramsay

A notable figure, possibly historically significant, which could refer to a person named David Ramsay in various contexts such as politics, medicine, or history.