Solved

FIGURE 21-3 -Refer to Figure 21-3.A Shift in the Aggregate Expenditure Function

Question 10

Multiple Choice

  FIGURE 21-3 -Refer to Figure 21-3.A shift in the aggregate expenditure function downward from AE<sub>1</sub> to AE<sub>0</sub> could be caused by A) a rise in the multiplier. B) a fall in the marginal propensity to consume. C) a rise in the marginal propensity to consume. D) an increase in autonomous desired saving. E) a decrease in autonomous desired saving. FIGURE 21-3
-Refer to Figure 21-3.A shift in the aggregate expenditure function downward from AE1 to AE0 could be caused by


A) a rise in the multiplier.
B) a fall in the marginal propensity to consume.
C) a rise in the marginal propensity to consume.
D) an increase in autonomous desired saving.
E) a decrease in autonomous desired saving.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions