Suppose That the Slope of the AE Curve Is 0

question 63

Multiple Choice

Suppose that the slope of the AE curve is 0.67. Then a $100 decrease in autonomous spending means equilibrium expenditure will

• A) decrease by $200.
• B) increase by $200.
• C) decrease by $300.
• D) increase by $300.

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Definitions:

American Indian Movement

A grassroots movement founded in 1968 focused on civil rights for Native Americans, aiming to address issues of sovereignty, treaty rights, and cultural preservation.

Alcatraz

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An annual event celebrated on April 22 to demonstrate support for environmental protection.

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