Transfer payments are subtracted from national income to get to personal income.
Indicate whether the statement is true or false
Question 2
How does an increase in government spending affect the aggregate expenditure line?
A) It shifts the aggregate expenditure line upward.
B) It increases the slope of the aggregate expenditure line.
C) It shifts the aggregate expenditure line downward.
D) It decreases the slope of the aggregate expenditure line.
