If the Expenditure Multiplier Is 5,the Slope of the Aggregate

question 153

Multiple Choice

If the expenditure multiplier is 5,the slope of the aggregate expenditure (AE) curve is

• A)0.8.
• B)0.7.
• C)0.5.
• D)0.6.
• E)0.2.

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Definitions:

Reasonable Period

An amount of time which is fairly necessary under circumstances for a specific action or event to take place, subject to interpretation based on context.

Obligation to Demand

Refers to a formal requirement or necessity to formally request or insist upon something, which can be part of contractual or legal proceedings.

Buyer's Conduct

Refers to the actions and behavior of a purchaser in a transaction, which may affect their rights or obligations.

Express Waiver

An express waiver is the voluntary, intentional relinquishment of a known right, articulated clearly and explicitly.