menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Today Study Set 1
  4. Exam
    Exam 12: Consumption, Real GDP, and the Multiplier
  5. Question
    If an Increase of $5 Million in Investment Is Associated
Solved

If an Increase of $5 Million in Investment Is Associated

Question 313

Question 313

Multiple Choice

If an increase of $5 million in investment is associated with an increase of $20 million in real Gross Domestic Product (GDP) , the multiplier is


A) 1.
B) 2.
C) 4.
D) 5.

Correct Answer:

verifed

Verified

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

Related Questions

Q308: The ratio of the change in the

Q309: Which of the following would be expected

Q310: Suppose the marginal propensity to consume is

Q311: Investment is<br>A) a flow concept and is

Q312: In the above figure, a change in

Q314: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above

Q315: Saving equals<br>A) disposable income minus taxes.<br>B) disposable

Q316: Which of the following is NOT included

Q317: Suppose the economy is at an equilibrium

Q318: Dissaving occurs when<br>A) disposable income exceeds consumption.<br>B)

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines