Multiple Choice
If the economy has no automatic stabilizers built in, the multiplier will
A) be smaller than it would have been with automatic stabilizers.
B) be larger than it would have been with automatic stabilizers.
C) be zero.
D) be infinitely larger than it would have been with automatic stabilizers.
Correct Answer:

Verified
Correct Answer:
Verified
Q64: The path of income over a lifetime
Q65: A graduate student is likely to consume
Q66: Provided that firms have sufficient capital and
Q67: Suppose that the value of the multiplier
Q68: Households are said to have positive wealth
Q70: Refer to the information provided in Figure
Q71: Jenny's hourly wage rate was increased from
Q72: In general, the relationship between _ and
Q73: Refer to the information provided in Figure
Q74: An unexpected decrease in nonlabor income will