Vogel8574 Vogel8574

02-04-2024
Business

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If the marginal propensity to consume is 0.75 and there is a $10 million decrease in investment spending, the aggregate demand curve will shift horizontally to the:

a. right by $40 million.
b. right by $10 million.
c. Left by $10 million
d. Left by $40 million

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