Autonomous expenditure includes
A) consumption expenditure, investment, and net taxes.
B) investment, government expenditure on goods and services, and exports.
C) consumption expenditure, investment, and imports.
D) investment, government expenditure for goods and services, and imports.
E) consumption expenditures, investment, and exports.
Question 2
In the above figure, if the interest rate is 3 percent per year, the quantity of money demanded is
A) greater than the quantity of money supplied, and the demand for money curve will shift.
B) greater than the quantity of money supplied, and the supply of money curve will shift.
C) less than the quantity of money supplied, and the demand for money curve will shift.
D) greater than the quantity of money supplied, and the interest rate will change.
E) less than the quantity of money supplied, and the interest rate will change.
World fossil fuel consumption since 1950
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