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    International Economics Study Set 9
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    Exam 18: Balance of Payments II: Output, Exchange Rates, and Macroeconomic Policies in the Short Run
  5. Question
    The Greater the MPC Is, the ______ the Slope of the Demand
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The Greater the MPC Is, the ______ the Slope of the Demand

Question 130

Question 130

Multiple Choice

The greater the MPC is, the ______ the slope of the demand curve.


A) greater
B) smaller
C) It depends on the trade balance.
D) The slope of the demand curve does not depend on this.

Correct Answer:

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