Q.1.13 An increase in the marginal propensity to consume: (1) Shift the aggregate spending function (A) upwards; (2) Shifts the aggregate spending function (A) downwards; (3) Increases the slope of the aggregate spending function (A); (4) Decreases the slope of the aggregate spending function.

Q.1.13 An increase in the marginal propensity to consume: (1) Shift the aggregate spending function (A) upwards; (2) Shifts the aggregate spending function (A) downwards; (3) Increases the slope of the aggregate spending function (A); (4) Decreases the slope of the aggregate spending function.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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