Multiple Choice
The relationship between net exports and GDP makes the slope of the aggregate expenditure curve
A) steeper at low levels of GDP and flatter at high levels of GDP.
B) neither flatter nor steeper than it would be otherwise.
C) steeper than it would be otherwise.
D) flatter than it would be otherwise.
Correct Answer:
Verified
Related Questions
Q282: Q283: Q284: Q285: Imports Q286: If the marginal propensity to import increases,
A) increase the size of the multiplier