An increase in autonomous investment in an economy will _____. ...

[michelleunicorn]

An increase in autonomous investment in an economy will _____.
 a. shift the aggregate expenditure line upward
 b. shift the aggregate expenditure line downward
 c. result in an upward movement along the aggregate expenditure line
  d. result in a downward movement along the aggregate expenditure line
  e. increase aggregate expenditures only at high levels of income

Question 2

When externalities exist, economic efficiency is achieved when marginal private benefit equals marginal private cost.
 a. True
  b. False
  Indicate whether the statement is true or false

[DylanD1323]

Answer to Question 1

a

Answer to Question 2

False

[michelleunicorn]

Thanks for the timely response, appreciate it

[lkanara2]

Excellent