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Author Question: A decrease in autonomous investment ________. A) increases equilibrium output at any interest ... (Read 72 times)

HudsonKB16

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on: Jun 30, 2018
A decrease in autonomous investment ________.
 
  A) increases equilibrium output at any interest rate
  B) causes a movement down along the IS curve
  C) shifts the IS curve to the left
  D) all of the above
  E) none of the above

Question 2

Consumers who do not consistently discount the future over time behave in a fashion that is most consistent with ________.
 
  A) the theory of intertemporal choice
  B) the Keynesian theory of consumption
  C) the permanent income hypothesis
  D) the life-cycle hypothesis


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nital

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

C

Answer to Question 2

B


HudsonKB16

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

bigcheese9

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

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