The Expenditure Line

question 142

Multiple Choice

The expenditure line

• A)is steeper than the 45-degree line.
• B)slopes upward because consumption depends positively on income.
• C)slopes upward because the MPC is less than 1.
• D)slopes upward because consumption and investment depend positively on income.
• E)shows the relationship between consumption spending and income.

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Definitions:

Viral DNA

Genetic material in the form of DNA that composes the genome of a virus.

Cyanobacteria

Photosynthetic, aquatic organisms that can produce oxygen during photosynthesis, part of the bacterial kingdom.

Methanogens

Microbes that generate methane during their metabolism in environments lacking oxygen.