Economics · Economics
In the simple Keynesian model, what is the slope of the Aggregate Expenditure (AE) curve primarily determined by?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1The price level
- 2The interest rate
- 3The marginal propensity to consume✓
- 4The level of government spending
Correct answer
The marginal propensity to consume
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