The multiplier is the ratio of the
A) equilibrium level of real GDP to the change in induced expenditures.
B) change in induced expenditures to the change in autonomous expenditures.
C) change in real GDP to the change in autonomous expenditures.
D) change in autonomous expenditures to the change in real GDP.
Correct Answer:
Verified
Q227: If the multiplier is 6 and exports
Q228: The multiplier shows that as _changes, real
Q229: The expenditure multiplier equals
A) APC - APS
Q230: If there are no income taxes or
Q231: An increase in the size of the
Q233: An increase in the value of the
Q234: If investment increases by $300 and, in
Q235: In an economy with no income taxes
Q236: The multiplier is greater than 1 because
Q237: The multiplier is greater than 1 because
A)
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