Suppose there is a decrease in the marginal propensity to spend out of national income.The result will be
A) a movement to the right along the AE curve.
B) a movement to the left along the AE curve.
C) an increase in the slope of the AE curve,which rotates it upward.
D) a decrease in the slope of the AE curve,which rotates it downward.
E) a parallel downward shift in the AE curve.
Correct Answer:
Verified
Q64: Consider the following news headline: "Canadian business
Q65: Q66: Q67: Q68: Q70: In general,the marginal propensity to spend is Q71: Consider the following news headline: "Increase in Q72: Suppose there is an increase in the 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