Multiple Choice
The government increases spending by R10 billion during a time of economic slowdown when output is less than full employment output.The marginal propensity to withdraw is 0.9.What is the value of the multiplier?
A) 0.1
B) 0.9
C) 1.1
D) 10
Correct Answer:
Verified
Correct Answer:
Verified
Q3: If the economy was in equilibrium where
Q13: IS stands for:<br>A) Investment and Spending<br>B) Imports
Q26: Which of the following statements about the
Q40: The IS curve will be flatter the
Q42: In the Keynesian cross diagram the 45
Q47: Refer to Figure 3 below.Which statement about
Q47: The IS curve measures points where the
Q49: Figure 4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8816/.jpg" alt="Figure 4
Q53: On a Keynesian cross diagram, the 45
Q58: What is the main difference between the