The smaller the marginal propensity to consume,
A) the greater of the multiplier.
B) the lower the value of the multiplier.
C) the greater the initial change in real GDP.
D) the greater the initial change in aggregate expenditures.
Correct Answer:
Verified
Q126: The notion that a change in autonomous
Q127: In the aggregate expenditures model, if aggregate
Q128: In the aggregate expenditures model, if aggregate
Q129: Let AE = Aggregate Expenditures, C =
Q130: Let AE = Aggregate Expenditures, C =
Q132: Using the aggregate expenditures model, which of
Q133: The ratio of the change in equilibrium
Q134: In the aggregate expenditures model, in equilibrium,
A)
Q135: Let AE = Aggregate Expenditures, C =
Q136: The multiplier effect indicates that
A) the aggregate
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