Question: What is the multiplier effect in the aggregate expenditure model? a . . The elimination of changes in autonomous expenditure to changes in real GDP
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.
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