If Real GDP Increases from $2,000 to $2,500 and Aggregate

question 171

Multiple Choice

If real GDP increases from $2,000 to $2,500 and aggregate expenditures increase from $1,900 to $2,200, the slope of the aggregate expenditures curve is

• A) 0.6.
• B) 0.7.
• C) 0.8.
• D) 0.9.

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Definitions:

Phosphates

Inorganic chemical salts of phosphoric acid, commonly found in fertilizers and cleaning agents, and play a critical role in biological molecules.

Phosphate

A chemical compound containing the phosphate ion, PO4^3-, important in cellular energy transfer and nutrient transport.

Amino Acids

Organic compounds that combine to form proteins, serving as the building blocks of life and playing a critical role in the structure, function, and regulation of the body's tissues and organs.

Steroids

A class of lipophilic organic compounds with four fused carbon rings, playing various roles in the body, including as hormones and vitamins.