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    Exam 23: Real Gdp and the Price Level in the Short Run
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    When the Economy's AS Curve Is Positively Sloped,the Multiplier in the AD/AS
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When the Economy's AS Curve Is Positively Sloped,the Multiplier in the AD/AS

Question 79

Question 79

Multiple Choice

When the economy's AS curve is positively sloped,the multiplier in the AD/AS model is


A) constant.
B) equal to one.
C) equal to the simple multiplier.
D) smaller than the simple multiplier.
E) larger than the simple multiplier.

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