Multiple Choice
Suppose that a pair of graphs represents a situation in which the aggregate expenditure line has shifted but the aggregate demand curve has NOT.What change will cause the aggregate expenditure line to shift?
A) a change in the marginal propensity to consume
B) a change in the price level
C) a change in autonomous investment
D) a change in autonomous saving
Correct Answer:
Verified
Correct Answer:
Verified
Q31: When does the equilibrium quantity of aggregate
Q32: Which of the following is NOT a
Q33: Suppose that at a particular level of
Q34: Suppose autonomous consumption rises by $0.8 trillion
Q35: Which of the following best describes aggregate
Q37: Consider an economic model with no income
Q38: On the aggregate expenditure graph, suppose autonomous
Q39: How will an increase in autonomous investment
Q40: Suppose the simple multiplier is 10.What is
Q41: To simplify the aggregate expenditure model, what