Multiple Choice
Assume that an initial change in spending of $10 billion results in a rightward shift in aggregate demand that increases real GDP by $40 billion.The multiplier is:
A) $10 billion.
B) $40 billion.
C) 4
D) 5
Correct Answer:
Verified
Correct Answer:
Verified
Q80: An increase in the aggregate expenditures schedule<br>A)
Q99: When the excess capacity of business rises,
Q101: A decrease in interest rates caused by
Q102: Refer to the diagram given below. <img
Q104: The aggregate demand curve shows the:<br>A)inverse relationship
Q105: Which of the following explains why the
Q106: Suppose the full-employment level of real output
Q108: Which effect best explains the downward slope
Q137: Productivity measures<br>A) real output per unit of
Q184: An increase in aggregate expenditures resulting from