Economics · Macroeconomics
An inward (leftward) shift in the Marginal Efficiency of Capital (MEC) schedule will immediately lead to a(n):
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Acceleration of long-term economic growth
- 2Immediate expansion in total aggregate supply
- 3Increase in autonomous private consumption
- 4Decrease in planned investment and aggregate demand✓
Correct answer
Decrease in planned investment and aggregate demand
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