Multiple Choice
The multiplier is calculated as the
A) change in real GDP/ change in autonomous expenditure.
B) change in autonomous expenditure/ change in real GDP.
C) change in nominal GDP/ change in autonomous expenditure.
D) change in real GDP/ change in induced spending.
Correct Answer:
Verified
Correct Answer:
Verified
Q132: Which of the following will increase aggregate
Q133: In the aggregate expenditure model,_ has both
Q134: Each of the following is one of
Q135: If an increase in autonomous consumption spending
Q136: If consumption is defined as C =
Q138: Figure 12-3 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-3
Q139: Goods that have been produced but not
Q140: Investment spending _ during a recession,and _
Q141: Figure 12-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1236/.jpg" alt="Figure 12-1
Q142: At macroeconomic equilibrium,total _ equals total _.<br>A)spending;