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    Principles of Macroeconomics
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    Exam 13: Consumption and the Aggregate Expenditures Model
  5. Question
    The Ratio of the Change in Equilibrium Real GDP to the Change
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The Ratio of the Change in Equilibrium Real GDP to the Change

Question 119

Question 119

Multiple Choice

The ratio of the change in equilibrium real GDP to the change in autonomous aggregate expenditures that produced it is the:


A) multiplier.
B) current income.
C) permanent income.
D) marginal propensity to consume.

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