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, ________ in aggregate output moves the economy to I₃. A) optimism about past growth B) pessimism about past growth C) optimism about future growth D) pessimism about future growth

Question

Quizplus · Accepted Answer

The shift from Point C to I₃ represents a decrease in aggregate output, which suggests that there has been a decrease in optimism about future growth. Therefore, the best choice is D, pessimism about future growth.

Refer to the Information Provided in Figure 30