The Slope of the Aggregate Planned Expenditure Curve Is Equal

question 42

Multiple Choice

The slope of the aggregate planned expenditure curve is equal to

• A)[b(1 - t)- m].
• B)the marginal propensity to consume.
• C)the marginal propensity to import.
• D)1 minus the marginal propensity to import.
• E)the autonomous expenditure multiplier.

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Definitions:

Family Planning

The practice of controlling the number and spacing of children in a family through the use of contraception or other methods of birth control.

Secure Future

A concept or condition wherein stability, safety, and prospects of continued wellbeing and prosperity are assured.

Industrial Revolution

A period of major industrialization from the late 18th to early 19th century that transformed mostly rural, agrarian societies in Europe and America into industrial and urban.

Britain

A country located on the island of Great Britain, part of the United Kingdom, known for its rich history, cultural influence, and political power.