An increase in the expected disposable income of households _____ the planned aggregate spending line.
A) shifts down
B) increases the slope of
C) decreases the slope of
D) shifts up
Correct Answer:
Verified
Q95: Income-expenditure equilibrium occurs when:
A) real GDP equals
Q96: An unplanned fall in inventories leads to:
A)
Q97: Whenever real GDP exceeds planned aggregate spending:
A)
Q98: In an economy without government purchases, government
Q99: The planned aggregate spending line has a
Q101: Use the following to answer questions:
Q102: If real GDP exceeds aggregate expenditures, the
Q103: When the economy is in income-expenditure equilibrium:
A)
Q104: If aggregate expenditures are higher than real
Q105: If aggregate expenditures equal $800 billion and
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