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Suppose that in 2006 the slope of the AE curve is 0.67 and in 2007 the slope of the AE curve changes to 0.8. Which of the following best describes what happens to the multiplier?
Housing Subsidies
Financial assistance provided by the government or private entities to help individuals or households afford housing costs, such as rent or mortgage payments.
Gini Coefficient
An index measuring the degree of income inequality in a population, ranging from 0 (perfect equality) to 1 (maximum inequality).
Income Inequality
The uneven distribution of income within a population.
Income Distribution
The way in which total income is shared among the owners of different factors of production and across various participants in the economy.
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