If the multiplier is greater than 1 an initial (autonomous) decrease in aggregate demand will be
A. Equal to the eventual decline in spending.
B. Offset by an increase in planned investment.
C. Much larger than the eventual decline in spending.
D. Much smaller than the eventual decline in spending.
Answer: D
Economics
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In a perfectly competitive market, marginal revenue is the same as the market price
a. True b. False Indicate whether the statement is true or false
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