If autonomous imports increase, then the aggregate expenditure curve shifts
-------------------- and equilibrium real GDP -------------------- .
A) downward; decreases
B) downward; does not change
C) downward; increases
D) upward; decreases
E) upward; increases
Correct Answer:
Verified
Q29: An increase in the marginal tax rate
A)can
Q30: As a household's disposable income increases, its
Q31: The expenditure multiplier is larger than one
Q32: When the AE curve shifts upward because
Q33: The smaller the amount saved out of
Q35: The size of the expenditure multiplier is
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