What is the multiplier effect in the aggregate expenditure model? a . . The elimination of changes
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Question:
What is the multiplier effect in the aggregate expenditure model?
a. The elimination of changes in autonomous expenditure to changes in real GDP.
b. The reduction of changes in autonomous expenditure to changes in real GDP.
c. The stabilization of changes in autonomous expenditure to changes in real GDP.
d. The magnification of changes in autonomous expenditure to changes in real GDP.
Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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