Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I think it is E. explain the correct answer, thanks. 35. If export increases by $200, and as a result income increases by $800, then

I think it is E. explain the correct answer, thanks.

image text in transcribed
35. If export increases by $200, and as a result income increases by $800, then the the multiplier is U4. the slope of the AE curve is 0.75. the slope of the AE curve is U4. the multiplier is 3. none of the above applies. 999

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Economics questions

Question

What other requirements do they have for admission?

Answered: 1 week ago