Multiple Choice
If a $2 billion increase in investment brings about a $5 billion increase in equilibrium expenditure, we know that the expenditure multiplier equals
A) 3.
B) 10.
C) 2.5.
D) 4.
E) 5.
Correct Answer:
Verified
Related Questions
If a $2 billion increase in investment brings about a $5 billion increase in equilibrium expenditure, we know that the expenditure multiplier equals
A) 3.
B) 10.
C) 2.5.
D) 4.
E) 5.
Correct Answer:
Verified
