A Decrease in Autonomous Expenditure Shifts the AE Curve

question 229

Multiple Choice

A decrease in autonomous expenditure shifts the AE curve

• A) downward and leaves its slope unchanged.
• B) downward and makes it steeper.
• C) downward and makes it flatter.
• D) upward and makes it steeper.

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Definitions:

Deontology

A normative ethical theory that emphasizes duties and rules, holding that actions are morally obligatory, permissible, or forbidden primarily in virtue of their adherence to objective moral norms.

Deontology

An ethical theory that suggests actions should be judged based on whether they adhere to a set of rules or duties, regardless of the consequences.

Individual Rights

Refers to the rights guaranteed to individuals, typically by law or social agreement, that protect personal freedoms and ensure fair treatment.

Intentions

Plans or commitments individuals make toward achieving a specific outcome or behaving in a certain way.