An Increase in Autonomous Expenditure Shifts the AE Curve

question 14

Multiple Choice

An increase in autonomous expenditure shifts the AE curve

• A)upward but leaves its slope unchanged.
• B)upward and the curve becomes steeper.
• C)downward but leaves its slope unchanged.
• D)downward and the curve becomes steeper.
• E)upward and the curve becomes less steep.

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Definitions:

African American

African American pertains to individuals in the United States who have African ancestry, with cultural, historical, and social distinctions.

Static Time

A concept of time considered unchanging, fixed, and unmoving, often contrasted with dynamic or real-time environments.

Asian American

A term used to describe Americans of Asian descent, highlighting their cultural heritage and identity within the American context.

Paraphrasing

The act of rewording or summarizing a text or speech using different words, often to clarify meaning or convey the same information in a new way.