Both the multiplier effect and the investment accelerator tend to make the aggregate-demand curve shift further than it does due to an initial increase in government expenditures

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The demand for labor depends primarily on the additional output produced as a result of hiring an additional worker and

A) the additional revenue received from selling the output produced as a result of hiring an additional worker. B) the payment made to the worker for producing the additional output. C) the number of workers willing to produce the additional output. D) the elasticity of demand for the output produced by the worker.

Economics

Individuals that lend funds to a bank by opening a checking account are called

A) policyholders. B) partners. C) depositors. D) debt holders.

Economics