The expenditure multiplier is equal to the change in ________ divided by the change in ________
A) dependent expenditure; autonomous expenditure
B) autonomous expenditure; equilibrium expenditure
C) the price level; real GDP
D) equilibrium expenditure; autonomous expenditure
E) real GDP; equilibrium expenditure
D
Economics
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Which of the following trade agreements provides for the development of a single market among its members?
A) World Trade Organization B) European Union C) North American Free Trade Agreement D) Asian Pacific Economic Cooperation
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By saving, households
a. are supplying loanable funds b. are demanding loanable funds c. are investing d. are acting as a financial intermediary e. must find a borrower
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