The ratio of the change in GDP to an initial change in aggregate expenditures (AE) is the:

a. spending multiplier.
b. permanent income rate.
c. marginal expenditure rate.
d. marginal propensity to consume.


a

Economics

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The principal way in which an economy self-corrects from an inflationary gap is through

a. deflation, which increases purchasing power. b. inflation, which reduces purchasing power. c. disinflation, which maintains purchasing power. d. price level decreases, which stimulate production.

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When does a government run a budget surplus?

What will be an ideal response?

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A partnership is ________ type of business

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