Question: 7. In a hypothetical aggregate expenditures (AE) model, the marginal propensity to consume is 0.80. Given this information, what is the slope of the Consumption
7. In a hypothetical aggregate expenditures (AE) model, the marginal propensity to consume is 0.80. Given this information, what is the slope of the Consumption (C) line in this hypothetical AE model?
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