In General, the Flatter the Aggregate Expenditure Curve, the

question 331

Multiple Choice

In general, the flatter the aggregate expenditure curve, the

• A) greater the value of autonomous expenditure.
• B) larger the marginal propensity to consume.
• C) larger the multiplier.
• D) smaller the multiplier.

---

Definitions:

Informational Influence

A social influence process where individuals change their thoughts, beliefs, or behaviors based on information or evidence from others.

Minimal Groups

Experimental paradigms used in social psychology to demonstrate how even arbitrary and seemingly meaningless distinctions between groups can lead to discrimination and prejudice.

Normative Influence

Refers to the impact of societal norms on an individual's behavior, often leading to conformity in order to gain social acceptance or avoid social disapproval.

Informational Influence

A form of social influence that involves changing one's behavior or beliefs based on the information received from others.