The economic impact of a change in spending, working through the multiplier, takes effect
A. immediately.
B. very quickly, with a small number of rounds of spending.
C. after a very long period of time.
D. after multiple rounds of spending occur.
Answer: D
You might also like to view...
When economic growth occurs, the
A) economy moves along its production possibilities frontier. B) production possibilities frontier shifts outward. C) production possibilities frontier becomes steeper. D) production possibilities frontier shifts outward but no longer limits the amount that can be produced.
The fee charged by a typical hedge fund are sometimes called:
A) 12b-1 fees B) hedging premiums C) loads D) carried interest
Economic analysis is used
A) only in economics classrooms. B) only by business people. C) only by policy makers. D) in all decision making.
More businesses in the United States are organized as partnerships than as proprietorships
Indicate whether the statement is true or false