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For a Given Fluctuation in Autonomous Expenditure, Economies with Steeper

Question 53

Multiple Choice

For a given fluctuation in autonomous expenditure, economies with steeper AE functions will:


A) experience smaller business cycle fluctuations in real GDP.
B) experience the same business cycle fluctuations in real GDP.
C) experience larger business cycle fluctuations in real GDP.
D) experience stable real GDP with no business cycle fluctuations.

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