Due to the multiplier effect, a decrease in investment spending
a. is greater than the resulting decrease in GDP
b. has a minimal impact on the economy
c. causes the money supply to increase
d. leads to an even larger decrease in output
e. results in increased autonomous consumption
D
Economics
You might also like to view...
If the exchange rate of the Swiss franc is 1.61 francs per dollar, then the Swiss franc is worth about
a. 15 cents. b. 57 cents c. 62 cents. d. $15.70.
Economics
John is willing to sell his car for $3,000 . If the market price of the car is $5,000 . the producer surplus that John will receive is _____
a. $2,000 b. $3,000 c. $5,000 d. $8,000
Economics