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    Macroeconomics Study Set 25
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    Exam 12: Aggregate Expenditure and Output in the Short Run
  5. Question
    The Multiplier Is Calculated as the Change in ________
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The Multiplier Is Calculated as the Change in ________

Question 215

Question 215

Multiple Choice

The multiplier is calculated as the change in ________ / change in ________.


A) real GDP; autonomous expenditure
B) autonomous expenditure; real GDP
C) nominal GDP; autonomous expenditure
D) real GDP; induced spending

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