Which of the Following Quotations Illustrates a Decrease in Aggregate

Which of the following quotations illustrates a decrease in aggregate expenditure?

A) "The new stadium will generate $200 million in spin off spending."
B) "Higher expected profits are leading to higher investment spending by business, and will lead to higher consumer spending."
C) "The projected cuts in government jobs will hurt the local retail industry."
D) "Taking the grain elevator out of our small town will destroy 300 jobs."
E) Both C and D

Correct Answer:

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