The idea of the multiplier is that a change in ________ expenditure changes real GDP, which then changes ________ expenditure. The change in total expenditure will be larger than the initial change in ________ expenditure

A) induced; induced; autonomous
B) induced; autonomous; induced
C) autonomous; induced; autonomous
D) induced; autonomous; autonomous
E) autonomous; induced; induced

C

Economics

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Information costs

A) are the costs of buying and selling financial claims. B) include the costs that savers incur to determine the credit worthiness of borrowers. C) include the costs borrowers incur to discover the best investments to make with the money they have borrowed. D) are zero in financial markets, but high for transactions carried out through financial intermediaries.

Economics

A count variable refers to a dependent variable that can take on:

A. nonnegative integer values. B. nonnegative fractional values. C. negative fractional values. D. negative integer values.

Economics