Multiple Choice
The multiplier measures the
A) number of steps it takes to move from one equilibrium to another.
B) rise in saving resulting from a rise in income.
C) marginal propensity to invest.
D) rise in equilibrium GDP resulting from a one dollar rise in planned autonomous expenditures.
Correct Answer:

Verified
Correct Answer:
Verified
Q153: The slope of the planned expenditure line
Q154: Higher real GDP growth usually causes<br>A)a drop
Q155: If the MPS is 0.1 and the
Q156: Figure 3-5<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-5
Q157: In economic models,variables taken as given and
Q159: In 2005 real personal saving has decreased
Q160: When interest rate rise consumers will<br>A)compare loan
Q161: In the four-part diagram used to construct
Q162: Which of the following defines the multiplier
Q163: Figure 3-4<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB2645/.jpg" alt="Figure 3-4