Author Question: If a country has an expenditure multiplier of 10, the slope of its aggregate planned expenditure ... (Read 177 times)

RRMR · **on:** Jun 29, 2018

If a country has an expenditure multiplier of 10, the slope of its aggregate planned expenditure (AE) curve is

A) .90. B) 10.00. C) .50. D) .10. E) .80.

Question 2

When Bank of America finances your purchase of a new car, you are

A) borrowing in the stock market.
B) lending in the bond market.
C) lending in the capital market.
D) borrowing in the loan market.
E) borrowing in the bond market.