Welcome to Westonci.ca, where your questions are met with accurate answers from a community of experts and enthusiasts. Explore in-depth answers to your questions from a knowledgeable community of experts across different fields. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

Which one among the following is the correct answer for an increase in autonomous spending leading to an even greater increase in equilibrium level of output
O as firms increase output to meet demand, income increases, and this induces more consumption spending
O the multiplier increases with an increase in autonomous spending
O prices rise with increased output and this raises nominal GDP
O people save less as their income increases


Sagot :

We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. We appreciate your time. Please come back anytime for the latest information and answers to your questions. Get the answers you need at Westonci.ca. Stay informed with our latest expert advice.