The Economy Is in Equilibrium,TP = TE

question 69

Multiple Choice

The economy is in equilibrium,TP = TE.Then,autonomous consumption rises.As a result,__________ rises,the __________ curve shifts __________,inventory levels unexpectedly __________,and business firms __________ the quantity of goods and services they produce.

• A) consumption; TE; downward; fall; increase
• B) consumption; TE; upward; fall; increase
• C) consumption; TE; upward; rise; decrease
• D) investment; TE; upward; fall; increase
• E) investment; TP; leftward; fall; increase

---

Definitions:

Analysis

The process of breaking down complex information or problems into smaller, more manageable parts to better understand or solve them.

Application

The act of putting something into operation or use, often referring to software programs but can also pertain to concepts, ideas, or theories.

Experience

The knowledge or skill acquired by a person through direct involvement in or exposure to events or activities over a period of time.

Cognitive Behavior Therapy

A psychotherapeutic treatment aimed at changing patterns of thinking or behavior that are behind people's difficulties, and so changing the way they feel.