If an increase in investment spending of $20 million results in a $200 million increase in equilibrium real GDP, then

A) the multiplier is 0.1.
B) the multiplier is 1.
C) the multiplier is 10.
D) the multiplier is 100.


C

Economics

You might also like to view...

Refer to the above table. Given the demand and cost schedules, what is the profit maximizing quantity for this monopolist?

A) 14 B) 19 C) 25 D) 30

Economics

How is it possible to have a separation between ownership and control of a major corporation? What specific type of market imperfection can cause this?

Economics

Loans given to the borrowers are considered liabilities for a commercial bank

a. True b. False Indicate whether the statement is true or false

Economics

Regulation imposed by such organizations as the Food and Drug Administration or the Environmental Protection Agency seeking to protect the welfare of people in our nation is referred to as

A) moral regulation. B) natural regulation. C) rate-of-return regulation. D) social regulation.

Economics