Solved

The Idea of the Spending Multiplier Is That

Question 11

Multiple Choice

The idea of the spending multiplier is that:


A) one person's spending becomes another person's income,which stimulates more spending.
B) people spend money on some items,such as food and toiletries,multiple times.
C) people tend to spend a greater amount (a multiple) in stores than they originally intend.
D) when a person saves money in a bank,the bank lends it out to another person to be spent.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions