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Consider a Simple Macro Model with Demand-Determined Output

Question 135

Multiple Choice

Consider a simple macro model with demand-determined output.In such a model,the multiplier is larger,the


A) higher the level of autonomous expenditures.
B) steeper is the AE function.
C) flatter is the AE function.
D) lower the APC.
E) lower the level of autonomous expenditures.

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