An increase in investment results in
A) a downward shift of the expenditure line.
B) a steeper expenditure line.
C) a flatter expenditure line.
D) an upward shift of the expenditure line.
E) both the intercept and the slope of the expenditure line increasing.
Correct Answer:
Verified
Q108: Along the 45-degree line spending and income
Q109: The expenditure line
A)is steeper than the 45-degree
Q110: Along the 45-degree line,
A)spending equals income.
B)real GDP
Q111: The slope of the expenditure line is
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