Which of the following will cause an upward shift of the expenditure line?
A) A decrease in wealth
B) A decrease in government purchases
C) A decrease in taxes
D) An increase in imports
E) An increase in saving
Correct Answer:
Verified
Q98: To understand how a change in government
Q99: The marginal propensity to consume is best
Q100: Does it make a difference whether disposable
Q101: Only changes in consumption spending will shift
Q102: Changes in spending behavior shift the expenditure
Q104: Which of the following best explains why
Q105: If government expenditures decrease, the expenditure line
Q106: The slope of the expenditure line is
A)greater
Q107: An increase in lump-sum taxes results in
A)both
Q108: Along the 45-degree line spending and income
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