Refer to the information provided in Figure 30.1 below to answer the question(s) that follow. Figure 30.1
-Refer to Figure 30.1. If the economy is currently at Point C, pessimism about future growth in aggregate output moves the economy to Point
A) E.
B) B.
C) C.
D) D.

Question

Refer to the information provided in Figure 30.1 below to answer the question(s) that follow.  Figure 30.1
-Refer to Figure 30.1. If the economy is currently at Point C, pessimism about future growth in aggregate output moves the economy to Point
A) E. 
B) B. 
C) C. 
D) D.

Quizplus · Accepted Answer

Pessimism about future growth typically reduces aggregate demand, shifting the economy from a higher output point like C to a lower output point like E.

Refer to the Information Provided in Figure 30