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Everything else remaining the same, an increase in the marginal propensity to consume _______ the slope of the AE curve and _______ equilibrium expenditure.
Financial Accounting Standards Board
An independent, nonprofit organization responsible for establishing accounting and financial reporting standards for companies and non-profit organizations in the United States.
Public Company Accounting Oversight Board
A regulatory body established by Congress to oversee the audits of public companies in order to protect investors and the public interest.
Return on Assets Ratio
An indicator of how profitable a company is relative to its total assets, measuring the efficiency of asset use.
Operating Income
The income produced from the normal operations of a company, subtracting operating expenses from gross profit.
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