One reason unbalanced development strategies do not succeed is because they require a basic minimum ___________ that is not always in place

The smaller the slope of the aggregate planned expenditure (AE) curve, the

A) larger are imports. B) smaller the multiplier. C) larger the multiplier. D) larger are exports. E) larger is the marginal tax rate.

Suppose that a firm successfully introduces a highly profitable new product. If this new product is priced higher than existing substitute products, then the:

A. new product has greater marginal utility than the existing products. B. laws of economics have been violated. C. new product must have increasing, not diminishing, marginal utility. D. existing products were unprofitable to produce.