Multiple Choice
In general, the steeper the aggregate expenditure curve, the
A) greater the value of autonomous expenditure.
B) lower the marginal propensity to consume.
C) larger the multiplier.
D) smaller the multiplier.
Correct Answer:
Verified
Correct Answer:
Verified
Q131: If the marginal propensity to import increases,
Q132: Because of the multiplier, a one-time change
Q133: The slope of the aggregate expenditure curve
Q134: The multiplier is 2.5 and the SAS
Q135: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure shows
Q137: In the short run, an upward shift
Q138: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q139: _ consumption expenditure is greater than disposable
Q140: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Using the data
Q141: Equilibrium expenditure is defined as the level