The multiplier is the ratio of the
A) change in real GDP to the change in autonomous expenditures.
B) equilibrium level of real GDP to the change in induced expenditures.
C) change in induced expenditures to the change in autonomous expenditures.
D) change in autonomous expenditures to the change in real GDP.
Correct Answer:
Verified
Q229: Q230: Q231: 3 The Multiplier Q232: The multiplier effect on real GDP occurs Q233: Q235: Q236: Because of the multiplier, a one-time change Q237: If prices are fixed, an increase in Q238: When autonomous expenditure increases, equilibrium aggregate expenditure Q239: Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
-When autonomous expenditure decreases,
A) the
A)
