Economics · Determination of Income and Employment

Given AD = C̄ + Ī + cY, a change in autonomous consumption (C̄) will lead to: (A) Change in equilibrium level of income (B) Change in aggregate demand (C) Change in Investment (D) Change in aggregate demand and no change in equilibrium level of income (E) Change in marginal propensity to consume Choose the correct answer from the options given below: