A decrease in autonomous planned investment spending, other things equal, shifts the ________ curve to the ________
A) IS; right
B) IS; left
C) LM; left
D) LM; right
B
Economics
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The economic way of thinking includes:
A) more attention paid to benefits rather than the costs involved in any choice. B) the assumption that individuals choose to average out some objective. C) emphasis on how choices are made at the margin. D) the notion that the industrialized nations have solved the problem of scarcity.
Economics
Refer to the given table. The change in income in round two will be:
A. $4.
B. $16.
C. $20.
D. $24.
Economics