If autonomous consumption increases, the size of the multiplier would
A. increase.
B. remain constant.
C. decrease.
D. either increase or decrease depending on the size of the change in autonomous consumption.
Answer: B
You might also like to view...
Are there many good substitutes for water?
A) No, because living creatures die without water. B) No, even though there are many substitute ways to obtain water. C) Yes, because water is recycled by nature. D) Yes, because water is used for so many different and trivial purposes. E) Yes, because water may be found in many forms other than its pure form.
Over a particular price range, if the quantity effect of a price decrease is smaller than the price effect, it implies that:
A) demand is elastic in the price range. B) demand is inelastic in the price range. C) the demand curve is horizontal in the price range. D) the demand curve is upward sloping in the price range.
Suppose a shipping company required all applicants to lift fifty-pound boxes on and off a truck for an hour to test their strength and endurance and suppose that resulted in 50-out-of-100 male applicants to be hired and 10-out-of-100 female applicants to be hired. If this test measured the performance required on the job, then this would be an example of
A. disparate treatment discrimination. B. comprehensive discrimination. C. adverse impact discrimination. D. statistical discrimination.
Inflation is
What will be an ideal response?