If there are strong expectations of future economic growth, then the:
A) economy will move to the right along the existing consumption function.
B) economy will move to the left along the existing consumption function.
C) consumption function will shift downward.
D) consumption function will shift upward.
E) investment demand curve will shift upward.
Correct Answer:
Verified
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A)total
Q174: If the interest rate increases, then the:
A)economy
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Q178: In the simple Keynesian aggregate expenditure model,
Q179: Exhibit 8-6 Aggregate expenditures function
Q180: Which of the following will increase investment
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