After an increase in autonomous spending, in the long run, changes in the price level
A. will make the AE curve steeper.
B. will make the AE curve flatter.
C. will reduce the effect of the multiplier.
D. will not affect the multiplier.
Answer:C
After an increase in autonomous spending, in the long run, changes in the price level
A. will make the AE curve steeper. B. will make the AE curve flatter. C. will reduce the effect of the multiplier. D. will not affect the multiplier.