An Increase in the Slope of the Aggregate Expenditures Curve

question 68

True/False

An increase in the slope of the aggregate expenditures curve leads to a decrease in the value of the multiplier.

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Definitions:

Second Law

Presumably referencing the Second Law of Thermodynamics, which states that the entropy of any isolated system always increases.

Energy Disperses

A concept in thermodynamics and statistical mechanics where energy spreads out from a localized state to a more widespread and even distribution.

Desertification

Conversion of grassland or woodland to desert.