According to the Keynesian approach, the reduction in government expenditure resulted in A. Aggregate expenditure (AE) decreases, the IS curve shifts to the left and the AD curve shifts to the left....

According to the Keynesian approach, the reduction in government expenditure resulted in A. Aggregate expenditure (AE) decreases, the IS curve shifts to the left and the AD curve shifts to the left. B. AE decreases, the IS curve shifts to the right and the AD curve shifts to the left. C. AE decreases, the IS curve shifts to the left and the AD curve shifts to the right. D. AE increases, the IS curve shifts to the left and the AD curve shifts to the left.