Which of the following would shift the aggregate expenditure line upward?
A) an increase in labor supply
B) a decrease in labor demand
C) a decrease in government spending
D) a decrease in net exports
E) an increase in autonomous consumption spending
Correct Answer:
Verified
Q128: If the marginal propensity to consume is
Q129: If the expenditure multiplier is 10 and
Q130: If the marginal propensity to consume is
Q131: If investment spending decreases by $500 billion
Q132: The multiplier effect
A) tells us nothing about
Q134: Whenever there is an increase in autonomous
Q135: For any value of the MPC (marginal
Q136: If the marginal propensity to consume is
Q137: If the marginal propensity to consume is
Q138: The expenditure multiplier acts on changes in
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