________ reaches its peak about 9-12 months after a spending increase began.
A) Income
B) The inflation rate
C) The multiplier
D) GDP
Correct Answer:
Verified
Q353: The presence of automatic stabilizers increases the
Q354: As the economy _, the size of
Q355: If it becomes less expensive for firms
Q356: Suppose that input prices respond very slowly
Q357: Firms report that their workers are working
Q359: The government spending multiplier is likely to
Q360: The government spending multiplier is likely to
Q361: When firms hold excess capital, the value
Q362: When input prices adjust slowly, the multiplier
Q363: When firms hold excess labor, the value
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