The multiplier is the amount by which ________ is multiplied to determine ________.
A) a change in induced expenditure; the change in equilibrium expenditure
B) induced expenditure; real GDP
C) autonomous expenditure; real GDP
D) a change in autonomous expenditure; the change in equilibrium expenditure
Correct Answer:
Verified
Q133: Autonomous consumption is 50. With every increase
Q134: Q135: A fall in the price level Q136: Q137: The marginal propensity to consume is found Q138: An increase in the price level results Q139: An increase in expected future income _. Q141: The expenditure multiplier equals Q142: At equilibrium expenditure, unplanned changes in inventory Q143: Which of the following does NOT occur
A)shifts the
A)shifts
A)APC - APS where
A)must
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