Suppose that a pair of graphs represents a situation in which the aggregate expenditure line has shifted but the aggregate demand curve has not.The shift of the aggregate expenditure line was caused by a change in
A) the marginal propensity to consume
B) the price level
C) autonomous investment
D) autonomous saving
E) disposable income
Correct Answer:
Verified
Q113: A decrease in the price level will
A)shift
Q114: If the price level decreases,other things constant,people
Q115: If the price level increases,other things constant,consumption
Q116: A fall in the price level will
Q117: An increase in the U.S.price level,other things
Q119: A decrease in the price level will
Q120: An increase in the price level will
A)shift
Q121: We can use an aggregate expenditure line
Q122: The slope of the aggregate expenditure line
Q123: An increase in planned investment would shift
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