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Author Question: An increase in autonomous consumption ________. A) lowers planned expenditures B) raises ... (Read 62 times)

go.lag

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on: Jun 30, 2018
An increase in autonomous consumption ________.
 
  A) lowers planned expenditures
  B) raises equilibrium output for any level of the interest rate
  C) causes a movement down along the IS curve
  D) all of the above
  E) none of the above

Question 2

Suppose that Year 2 is the base year. What is the growth rate of GDP?
 
  A) 44.4
  B) 58
  C) 67.5
  D) 120


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tuwy

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Reply #1 on: Jun 30, 2018
Answer to Question 1

B

Answer to Question 2

A


go.lag

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

sailorcrescent

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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