The following table illustrates the multiplier process in a private closed economy: Refer to the above table.The total change in consumption resulting from the initial change in investment will be:
A) $100
B) $96
C) $180
D) $80
Correct Answer:
Verified
Q161: A $1 billion increase in investment will
Q162: The following table illustrates the multiplier process
Q163: Assume the consumption schedule for a private
Q164: The following table illustrates the multiplier process
Q166: The simple multiplier may be calculated as:
A)1/(MPS
Q167: The simple multiplier:
A)occurs only in response to
Q170: The size of the simple multiplier is
Q171: The simple multiplier is:
A)1/APS.
B)1/APC.
C)1/MPC.
D)1/MPS.
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