Multiple Choice
The Keynesian multiplier will be higher if
A) the marginal propensity to consume is larger.
B) the marginal propensity to import is larger.
C) real GDP is higher.
D) the expenditure line is higher.
E) the liquidity constraint is greater.
Correct Answer:

Verified
Correct Answer:
Verified
Q94: The economy's long-term growth trend for GDP
Q95: To forecast real GDP, economic forecasters divide
Q96: Exhibit 23-6 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6906/.jpg" alt="Exhibit 23-6
Q97: Which of the following statements is false?<br>A)The
Q98: When examining consumption behavior at the household
Q100: The marginal propensity to consume is best
Q101: Changes in spending behavior shift the expenditure
Q102: The text defines economic fluctuations as<br>A)the rise
Q103: Suppose that MPC = 0.8 and MPI
Q104: Changes in T, I, G, and X