The size of the multiplier depends in part on the
A) level of autonomous expenditures.
B) change in autonomous consumption.
C) level of consumption.
D) marginal propensity to consume.
D
Economics
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During the Great Depression, real GDP decreased by roughly ____ percent and unemployment rose to roughly ____ percent
a. 5; 10 b. 20; 10 c. 30;25 d. 50;25
Economics
Refer to the diagram. Arrows (1) and (2) represent:
A. goods and resources respectively.
B. money incomes and output respectively.
C. output and money incomes respectively.
D. resources and goods respectively.
Economics