An increase in ________ shifts the AE curve ________ and an increase in ________ shifts the aggregate demand curve ________.
A) autonomous expenditure; upward; the price level; leftward
B) the price level; upward; autonomous expenditure; leftward
C) the price level; downward; autonomous expenditure; rightward
D) autonomous expenditure; upward; the price level; rightward
Correct Answer:
Verified
Q39: When autonomous expenditure changes, the horizontal distance
Q40: When the economy is at full employment
Q41: Disposable income is equal to
A)aggregate income minus
Q42: The marginal propensity to import reflects the
Q43: The slope of the AE curve is
Q45: Which of the following makes the multiplier
Q46: Q47: Australia's consumption function Q48: The size of the multiplier Q49:
A)has a positive slope.
B)has shifted
A)is unaffected by
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