FIGURE 21-3 Refer to Figure 21-3

question 4

Multiple Choice

FIGURE 21-3 Refer to Figure 21-3.Consider the simplest macro model with no government and no foreign trade,and the aggregate expenditure function AE = C + I.If there was zero autonomous expenditure and the marginal propensity to consume was equal to one,then the AE function would be

• A)steeper than the 45-degree line.
• B)above the 45-degree line at all points.
• C)below the 45-degree line at all points.
• D)coincident with the 45-degree line.
• E)flatter than the 45-degree line.

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Definitions:

Ecological Footprints

A metric that calculates the environmental impact of an individual, community, or activity in terms of the amount of land and water area required to support their consumption and absorb their wastes.

Conservation

The practice of protecting and preserving natural resources and the environment.

Environmental Justice

The movement aimed at ensuring that no community suffers from disproportionate exposure to pollution, environmental hazards, and lack of access to natural resources, emphasizing fairness and equity.

Anthropocentric

Viewing and interpreting everything in terms of human values and experiences.