menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Principles Study Set 1
  4. Exam
    Exam 8: Aggregate Expenditures
  5. Question
    Explain Why the Balanced Budget Multiplier Is Equal to 1
Solved

Explain Why the Balanced Budget Multiplier Is Equal to 1

Question 117

Question 117

Essay

Explain why the balanced budget multiplier is equal to 1, using a numerical example.

Correct Answer:

verifed

Verified

Since the federal budget consists of exp...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q112: If the marginal propensity to consume increases,

Q113: If Tanner believes that his income will

Q114: John Maynard Keynes focused on _ to

Q115: (Figure: Aggregate Expenditures) The figure shows the

Q116: Suppose economists observe that an increase in

Q118: Aggregate expenditures are equal to consumption plus

Q119: Where does equilibrium occur in the simple

Q120: Increases in government spending _ equilibrium income,

Q121: If the marginal propensity to consume is

Q122: If income is $35,000 and the average

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines