The Keynesian Multiplier Measures

Multiple Choice

The Keynesian multiplier measures

A) both the short-run and long-run impacts of an initial change in spending on real GDP.
B) the long-run impact of an initial change in spending on real GDP.
C) the short-run impact of an initial change in spending on real GDP.
D) the long-run impact of a change in real GDP on consumption.
E) the short-run impact of a change in real GDP on total spending.