Solved

Suppose That in 2006 the Slope of the AE Curve

Question 420

Multiple Choice

Suppose that in 2006 the slope of the AE curve is 0.67 and in 2007 the slope of the AE curve changes to 0.8. Which of the following best describes what happens to the multiplier?


A) It falls from 5 to 3.
B) It falls from 1.49 to 1.25.
C) It rises from 3 to 5.
D) It rises from 1.25 to 1.49.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions