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Suppose for a Given Economy the Multiplier Is 4

Question 20

Multiple Choice

Suppose for a given economy the multiplier is 4.A change in autonomous spending will change the economy's total spending more if the aggregate supply curve is __________ than if it is __________,ceteris paribus.


A) horizontal; upward sloping
B) upward sloping; horizontal
C) upward sloping; downward sloping
D) downward sloping; upward sloping
E) There is not enough information to answer the question.

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