In general, the steeper the aggregate expenditure curve, the
A. greater autonomous expenditure.
B. lower the marginal propensity to consume.
C. larger the multiplier.
D. smaller the multiplier.
Answer:C
In general, the steeper the aggregate expenditure curve, the
A. greater autonomous expenditure. B. lower the marginal propensity to consume. C. larger the multiplier. D. smaller the multiplier.