Multiple Choice
Suppose the multiplier is 4.ceteris paribus,a change in autonomous spending will change total spending more if the aggregate supply curve is __________ than if it is __________.
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.
Correct Answer:
Verified
Correct Answer:
Verified
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