In figure 23 2 an increase in investment spending

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90) In Figure 23-2 an increase in investment spending shifts the aggregate demand function up, causing equilibrium aggregate output to increase by (a) 100. (b) 200. (c) 400. (d) 500. Answer: B Question Status: Previous Edition 91) From the information provided in Figure 23-2, the aggregate expenditure multiplier is 92) In Figure 23-2 an increase in investment spending shifts the aggregate demand function up, causing equilibrium aggregate output to increase by _____ and equilibrium income to increase by _____. 93) From the information provided in Figure 23-2, Y 1 is
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842 Frederic S. Mishkin • Economics of Money, Banking, and Financial Markets, Seventh Edition 94) From the information provided in Figure 23-2, Y 2 is (a) 800. (b) 1200. (c) 1600. (d) 1800. Answer: D Question Status: Previous Edition 95) From the information provided in Figure 23-2, Y 1 is _____ and Y 2 is _____. 96) In Figure 23-2, a fall in planned investment from I 2 to I 1 97) In Figure 23-2, a fall in planned investment from I 2 to I 1 98) In Figure 23-2, a fall in equilibrium output from Y 2 to Y 1 (a) is due to a fall in planned investment of 50. (b) is due to a fall of planned investment of 100. (c) is due to an increase in planned investment of 50 (d) is due to an increase in planned investment of 100. (e) cannot be explained. Answer: B Question Status: New Chapter 23 The Keynesian Framework and the ISLM Model 843 Figure 23-3 99) In Figure 23-3 an increase in investment spending shifts the aggregate demand function up, causing equilibrium aggregate output to increase by 100) From the information provided in Figure 23-3, the aggregate expenditure multiplier is
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