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Author Question: An increase in autonomous investment in an economy will _____. a. shift the aggregate expenditure ... (Read 68 times)

michelleunicorn

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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



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DylanD1323

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Answer to Question 1

a

Answer to Question 2

False




michelleunicorn

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Reply 2 on: Jun 30, 2018
:D TYSM


AngeliqueG

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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