The smaller the slope of the aggregate planned expenditure (AE) curve, the
A) larger the expenditure multiplier.
B) smaller the expenditure multiplier.
C) larger is the marginal tax rate.
D) larger are imports.
E) larger are exports.
Correct Answer:
Verified
Q198: In an economy with no income taxes
Q199: Q200: If a $2 billion increase in investment Q201: As the economy turns the corner into Q202: Which of the following reduces the magnitude Q204: The _ the marginal tax rate, the Q205: _ can trigger an expansion. Q206: If a country has an expenditure multiplier Q207: The multiplier effect Q208: During 2010, a country reported that its
A) An increase
A) explains what causes a
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