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If Income Rises from $6

Question 151

Multiple Choice

If income rises from $6.0 trillion to $6.4 trillion,consumption rises from $5.5 trillion to $5.8 trillion.What is the slope of the aggregate expenditure line? (Assume there is neither international trade nor any government.)


A) 0.25
B) 0.33
C) 0.67
D) 0.75
E) 1.33

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