The multiplier effect applies to any
A) change in any source of spending other than consumption and investment.
B) change in autonomous consumption but not autonomous investment.
C) change in both autonomous consumption and autonomous investment.
D) change in autonomous investment but not autonomous consumption.
C
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Standard measurements of the degree of income inequality take both money income and in-kind transfers into account
a. True b. False Indicate whether the statement is true or false
For which of the following goods are services are prices least sticky?
A. Taxi fares. B. Haircuts. C. Microwave ovens. D. Airline tickets.
The market environment heavily influences corporate decision-making ability. Discuss the differences in executive decisions concerning pricing, product design, and advertising between a company that exists in a perfectly competitive market and a company in a monopolistically competitive market.
What will be an ideal response?
Under a system of fixed exchange rates, what happens if a country's currency is overvalued?
A. The central bank gains official reserve assets. B. The central bank loses official reserve assets. C. The exchange rate rises. D. The currency appreciates.