Author Question: Transfer payments are subtracted from national income to get to personal income. Indicate whether ... (Read 45 times)

Medesa · **on:** Jun 29, 2018

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.