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  3. Study Set
    Principles of Macroeconomics
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    Exam 13: Consumption and the Aggregate Expenditures Model
  5. Question
    In a Graph with Real GDP on the Horizontal Axis
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In a Graph with Real GDP on the Horizontal Axis

Question 100

Question 100

Multiple Choice

In a graph with real GDP on the horizontal axis and aggregate expenditures on the vertical axis, induced aggregate expenditures are represented by


A) a ray from the origin.
B) an upward sloping line.
C) a 45-degree line.
D) a horizontal line.

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