Multiple Choice
A fall in the price level shifts the AE curve_________ and _________equilibrium expenditure.
A) downward; increases
B) upward; decreases
C) downward; decreases
D) upward; increases
Correct Answer:

Verified
Correct Answer:
Verified
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Q275: The slope of the consumption function is<br>A)
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Q279: <span class="ql-formula" data-value="\begin{array} { | l |
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Q281: Autonomous expenditure refers to<br>A) aggregate expenditure solely
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