Multiple Choice
Which of the following best defines the multiplier effect?
A) the multiplied impact on the money supply of a given increase in government purchases
B) the multiplied impact on tax revenues of a given increase in government purchases
C) the multiplied impact on investment of a given increase in interest rates
D) the multiplied impact on aggregate demand of a given increase in government purchases
Correct Answer:
Verified
Correct Answer:
Verified
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