Multiple Choice
FIGURE 23-5
-Refer to Figure 23-5.Suppose that an increase in autonomous investment caused the AD curve to shift to the right,as shown.If the simple multiplier in this model is 5,then what is the value of the multiplier?
A) 1.2
B) 1.5
C) 4.0
D) 5.0
E) not enough information to know
Correct Answer:
Verified
Related Questions
Q105: Which of the following represents a positive
Q106: Which of the following will cause a
Q117: Q119: Aggregate demand (AD)shocks have a smaller effect Q120: Which of the following would cause a Q122: Suppose the economy is hit by a 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