Multiple Choice
An increase in the price level will
A) shift the aggregate expenditure line upward
B) shift the aggregate expenditure line downward
C) result in a movement upward along the aggregate expenditure line
D) result in a movement downward along the aggregate expenditure line
E) change the slope of the aggregate expenditure line
Correct Answer:
Verified
Correct Answer:
Verified
Q51: An increase in the price level can
Q52: If the level of autonomous spending decreases
Q53: Which of the following would result from
Q54: If households save $30 billion more at
Q55: If the level of autonomous spending increases
Q57: If the marginal propensity to consume is
Q58: If the multiplier is 4,a $10 billion
Q59: The aggregate demand curve illustrates a relationship
Q60: If the price level rises,<br>A)the aggregate expenditures
Q61: The larger the MPS,the smaller the multiplier