Multiple Choice
The larger change in total output that results from a change in nonincome-determined spending is caused by the:
A) expansion effect.
B) multiplier effect.
C) re-spending effect.
D) circular-flow effect.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q199: Saving, taxes, and transfer payments are all
Q200: Business investment spending is motivated by the
Q201: An increase in nonincome-determined spending leads to:<br>A)
Q202: What is fiscal policy and what is
Q203: The multiplier will increase when saving as
Q205: Since the late 1940s, the American economy
Q206: Government purchases of goods and services, and
Q207: Assume that total output has increased by
Q208: Fiscal policy is:<br>A) the attempt by the
Q209: Household spending from transfer payments, and payments