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.
E) change in consumption/change in disposable income.
Correct Answer:
Verified
Correct Answer:
Verified
Q106: For all points above the 45 degree
Q253: The slope of the consumption function is
Q254: Figure 8.1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB3061/.jpg" alt="Figure 8.1
Q255: Given Table 8.4 below, fill in the
Q256: Consumption spending refers to _ spending on
Q259: From 2009 to 2014, _ for Canada
Q260: Economists think that the marginal propensity to
Q261: Which of the following leads to a
Q262: All of the following are true statements
Q263: If planned aggregate expenditure is greater than