Multiple Choice
An increase in the marginal propensity to spend out of national income will cause
A) a decrease in the slope of the AE curve.
B) a movement to the left along the AE curve.
C) a parallel upward shift in the AE curve.
D) a movement to the right along the AE curve.
E) an increase in the slope of the AE curve.
Correct Answer:
Verified
Correct Answer:
Verified
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