The tendency for an increase in the economic activity of one country to lead to a worldwide increase in economic activity is the
A) multiplier effect.
B) trickle-down effect.
C) trade feedback effect.
D) spontaneous growth effect.
Correct Answer:
Verified
Q98: If planned aggregate expenditures are $400 billion,
Q99: If the MPS is 0.25 and the
Q100: Refer to the information provided in Figure
Q101: Which of the following is/are likely to
Q102: The trade feedback effect illustrates the fact
Q104: The trade feedback effect includes all of
Q105: Refer to the information provided in Figure
Q106: The open economy multiplier will decrease if
A)
Q107: Assume that a $1.00 increase in exports
Q108: The open-economy multiplier _ the closed-economy multiplier.
A)
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