If the slope of the aggregate expenditure curve is 0.5, then the expenditure multiplier equals
A) 3.
B) 2.
C) 5.
D) 4.
E) 0.5.
Correct Answer:
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Q36: Q37: Q38: A shift in the aggregate planned expenditure Q39: The AE curve illustrates the relationship between Q40: When the real interest rate falls, there Q42: Induced expenditure is any expenditure that Q43: Based on data from the U.S. economy, Q44: Autonomous expenditure includes Q45: The consumption function is the relationship between Q46: When the price level -------------------- , equilibrium
A)the
A)is fixed
A)investment, government expenditure on goods
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