Multiple Choice
A decrease in autonomous expenditure shifts the AE curve
A) downward and leaves its slope unchanged.
B) downward and makes it steeper.
C) downward and makes it flatter.
D) upward and makes it steeper.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q224: A fall in the price level shifts
Q225: What is the marginal propensity to consume?
Q226: Because the short-run aggregate expenditure model assumes
Q227: Components of induced aggregate expenditure include government
Q228: Suppose the consumption function is given by
Q230: Where the consumption function crosses the 45°
Q231: Aggregate expenditure equals<br>A) C + I +
Q232: If the slope of the AE curve
Q233: If there are no taxes or imports
Q234: Which of the following is NOT an