If the Level of Autonomous Spending Increases at a Given

question 55

Multiple Choice

If the level of autonomous spending increases at a given price level,

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

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Definitions:

Harvest

The process of gathering ripe crops from the fields.

Grain

The seeds of cereal crops such as wheat, rice, corn, which are used as food for humans and livestock.

Rats

Small to medium-sized rodents that are known for their strong survival skills and adaptability to various environments.

Consume

The act of using up a resource or goods, or the process of buying and using products and services.