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:

Project Risk

Project risk involves the potential for unforeseen events or conditions to impact the project's timeline, performance, or budget negatively.

Project Complexity

A measure of the number of variables, uncertainties, and potential influences involved in a project, affecting its execution and outcome.

Positive Correlation

A statistical relationship where two variables move in the same direction, indicating that when one variable increases, the other one also increases, and vice versa.

Risk Mitigation Plan

A strategic approach to identifying, analyzing, and responding to project risks to minimize their impact.