Starting from long-run equilibrium, a decrease in autonomous investment results in ________ output in the short run and ________ output in the long run.

What do many economists blame for the severity of the Great Depression?

A) The collapse of the banking system. B) A rapid increase in the money supply. C) The issuing of an excessively large amount of currency by the Federal Reserve. D) The collapse of the electronic funds transfer system.

When U.S. residents buy products that were made in Japan, then ultimately the Japanese want

A) yen. B) dollars. C) Japanese goods. D) goods, including U.S.-made goods.