The presence of income taxes and imports make the slope of the aggregate expenditure curve
A) steeper than it would be without income taxes and exports.
B) the same as it would be without income taxes and exports.
C) flatter than it would be without income taxes and exports.
D) probably different than it would be without income taxes and exports but income taxes make it steeper while imports make it flatter.
Correct Answer:
Verified
Q331: Q332: Business cycle turning points are Q333: Imports Q334: The relationship between net exports and GDP Q335: In the figure above, if income taxes Q337: The presence of imports the size of Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A) easy to
A) increase the size of the multiplier
