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Author Question: If the level of autonomous spending in an economy increases at a given price level, _____. a. the ... (Read 36 times)

casperchen82

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on: Jun 30, 2018
If the level of autonomous spending in an economy increases at a given price level, _____.
 a. the aggregate expenditure line shifts upward and the economy moves upward along the aggregate demand curve
  b. the aggregate expenditure line shifts downward and the economy moves upward along the aggregate demand curve
  c. the aggregate expenditure line shifts upward and the aggregate demand curve shifts to the right
 d. the aggregate expenditure line shifts downward and the aggregate demand curve shifts to the left
 e. the aggregate expenditure curve shifts upward and the aggregate demand curve shifts to the left

Question 2

Banks create money when they make loans.
 a. True
  b. False
  Indicate whether the statement is true or false


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Briannahope

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

c

Answer to Question 2

True


casperchen82

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Reply 2 on: Jun 30, 2018
Excellent

tkempin

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Reply 3 on: Yesterday
Wow, this really help

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