Question: Due to the effect, the final shift in aggregate demand is larger than the initial shift in aggregate demand. Select one: a. multiplier b. income

 Due to the effect, the final shift in aggregate demand is

Due to the effect, the final shift in aggregate demand is larger than the initial shift in aggregate demand. Select one: a. multiplier b. income c. crowding-out d. substitution

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!