A change in real GDP divided by a change in investment is called the:
a. spending multiplier.
b. demand multiplier.
c. equilibrium multiplier.
d. investment multiplier.
e. spending multiplier
e
Economics
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Is every product produced in the United States included in U.S. gross domestic product?
What will be an ideal response?
Economics
Refer to Figure 15-2. In the figure above, the movement from point A to point B in the money market would be caused by
A) an open market sale of Treasury securities by the Federal Reserve. B) a decrease in real GDP. C) an increase in the price level. D) a decrease in the required reserve ratio by the Federal Reserve.
Economics