Multiple Choice
The effect of government spending or tax cuts on national income is measured by the:
A) multiplier.
B) output gap.
C) aggregator.
D) tax rate.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: The spending multiplier grows _ as the
Q2: What is one solution for an economy
Q3: If the government wishes to decrease GDP
Q4: In the equation PAE = A +
Q5: Wealth can be thought of as:<br>A) the
Q7: Which of the following scenarios would cause
Q8: Economist John Maynard Keynes noted that one
Q9: The figure shows planned aggregate expenditure and
Q10: The marginal propensity to consume (MPC) is
Q11: The equilibrium aggregate expenditure model:<br>A) can explain