A change in autonomous consumption causes a movement along the aggregate expenditure line, while a change in consumption that depends on income causes a shift of the aggregate expenditure line

a. True
b. False

B

Economics

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In the above figure, the short-run aggregate supply curve is SAS1. If the money wage rate increases, there is

A) an upward movement along SAS1. B) a downward movement along SAS1. C) a shift to SAS0. D) a shift to SAS2.

Economics

Some economists argue that free trade is beneficial regardless of the actions of a country's trading partners, including trading partners that heavily protect their home markets

Indicate whether the statement is true or false

Economics