The intercept of the planned expenditure line is
A) the level of autonomous spending.
B) the level of autonomous spending plus the marginal propensity to expend.
C) the marginal propensity to expend.
D) the inverse of the marginal propensity to expend.
Correct Answer:
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Q47: In the planned total expenditure equation, the
Q48: The marginal propensity to expend (MPE) is
Q49: The planned total expenditure equation is equal
Q50: The planned total expenditure equation is equal
Q51: The slope of the planned expenditure line
Q53: The intercept of the planned expenditure line
Q54: A change in the value of any
Q55: A change in the value of any
Q56: If the tax rate increases,
A) the slope
Q57: If the tax rate increases,
A) the marginal
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