Multiple Choice
In general, the flatter the aggregate expenditure curve, the
A) greater the value of autonomous expenditure.
B) larger the marginal propensity to consume.
C) larger the multiplier.
D) smaller the multiplier.
Correct Answer:
Verified
Correct Answer:
Verified
Q326: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q327: The marginal propensity to consume refers to<br>A)
Q328: The marginal propensity to save is<br>A) always
Q329: "When the price level increases, aggregate planned
Q330: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Based upon the
Q332: If investment increases by $150 and, in
Q333: A fall in the price level shifts
Q334: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The equilibrium in
Q335: Between 2012 and 2013 real GDP increased
Q336: Autonomous consumption is equal to<br>A) saving when