Multiple Choice
An increase in the marginal propensity to consume results in
A) the expenditure line shifting up in a parallel direction.
B) no change in the expenditure line.
C) the expenditure line becoming steeper.
D) the expenditure line shifting down in a parallel direction.
E) the expenditure line becoming flatter.
Correct Answer:
Verified
Correct Answer:
Verified
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Q185: Exhibit 23-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 23-1