Multiple Choice
In general, the flatter the aggregate expenditure curve, the
A) greater the autonomous expenditure.
B) smaller the multiplier.
C) larger the multiplier.
D) larger the marginal propensity to consume.
Correct Answer:

Verified
Correct Answer:
Verified
Q50: If the value of the multiplier is
Q51: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the above
Q52: An increase in disposable income shifts<br>A) both
Q53: Induced expenditure includes .<br>A) all autonomous expenditure<br>B)
Q54: Disposable income is equal to<br>A) aggregate income
Q57: Where the consumption function crosses the 45°
Q58: The consumption function relates the consumption expenditure
Q59: Expenditure that does NOT depend on real
Q60: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5270/.jpg" alt=" -In the figure
Q325: A movement along the consumption function is