Which of the following will increase the slope of the demand curve in the goods market to indicate an increase in the level of output and income? Select one: a. An increase in autonomous investment. b. An increase in the marginal propensity to consume. c. An increase in government spending. d. An increase in taxation.
Which of the following will increase the slope of the demand curve in the goods market to indicate an increase in the level of output and income? Select one: a. An increase in autonomous investment. b. An increase in the marginal propensity to consume. c. An increase in government spending. d. An increase in taxation.
Chapter9: Demand-side Equilibrium: Unemployment Or Inflation?
Section: Chapter Questions
Problem 2DQ
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Which of the following will increase the slope of the demand curve in the goods market to indicate an increase in the level of output and income?
Select one:
a. An increase in autonomous investment.
b. An increase in the marginal propensity to consume.
c. An increase in government spending.
d. An increase in taxation .
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