Multiple Choice
The multiplier is greater than 1 because the change in autonomous expenditure leads to
A) more investment.
B) more saving.
C) less consumption expenditure.
D) more induced expenditure.
Correct Answer:
Verified
Correct Answer:
Verified
Q314: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q315: With consumption expenditure on the vertical axis
Q316: Components of aggregate expenditure include saving, consumption
Q317: In the short run with fixed prices,
Q318: What is the relationship between the slope
Q320: What is the difference between induced and
Q321: How does an increase in the price
Q322: Taking into account the upward-sloping short-run aggregate
Q323: Dissaving<br>A) is equal to consumption expenditure when
Q324: Does aggregate planned expenditure always equal real