A decrease in autonomous consumption will
A) change the slope of the aggregate expenditure curve
B) decrease the marginal propensity to consume.
C) decrease the marginal propensity to save.
D) shift the aggregate expenditure function downward.
Correct Answer:
Verified
Q125: Which of the following equations is FALSE?
A)Consumption
Q126: The graph of the aggregate expenditure curve
Q127: If the marginal propensity to consume is
Q128: The slope of the consumption function is
A)less
Q131: The multiplier is greater than 1 because
A)household
Q133: Autonomous consumption is 50. With every increase
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