Multiple Choice
In the income-expenditure model, if autonomous saving decreases by $15 billion, _____
A) the aggregate expenditure line shifts upward by $15 billion.
B) planned investment increases by $15 billion.
C) the aggregate expenditure line shifts downward by $15 billion.
D) planned investment decreases by $15 billion.
E) the equilibrium level of real GDP demanded decreases by $15 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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