When the investment is assumed autonomous the slope of the AD schedule is determined by the …………………
A. marginal propensity to invest
B. disposable income
C. marginal propensity to consume
D. average propensity to consume.
Answer:C
When the investment is assumed autonomous the slope of the AD schedule is determined by the …………………
A. marginal propensity to invest B. disposable income C. marginal propensity to consume D. average propensity to consume.