The presence of income taxes and imports makes the slope of the aggregate expenditure curve
A) flatter than it would be without income taxes and imports.
B) steeper than it would be without income taxes and imports.
C) the same as it would be without income taxes and imports.
D) probably different to what it would be without income taxes and imports, but income taxes make it steeper while imports make it flatter.
Correct Answer:
Verified
Q61: The value of the marginal propensity to
Q62: The marginal propensity to save is
A)total saving
Q63: The larger the slope of the AE
Q64: Q65: The marginal propensity to import is the Q67: Which of the following shifts the aggregate Q68: You are given the following information about 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![]()