The aggregate planned expenditure curve ________ increases. A. Slopes upward because induced expenditure increases as income B.

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The aggregate planned expenditure curve ________ increases.

A. Slopes upward because induced expenditure increases as income

B. Is horizontal because autonomous expenditure is constant when income

C. Shifts upward if induced expenditure increases as income

D. Slopes upward because autonomous expenditure

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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Question Posted: May 21, 2018 07:51 AM

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The aggregate planned expenditure curve ________ increases. A. Slopes upward because induced expenditure increases as income B.

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Foundations of Macroeconomics

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