The Ratio of the Change in the Equilibrium Level of Output

question 239

Multiple Choice

The ratio of the change in the equilibrium level of output to a change in government purchases is the

• A) government purchases multiplier.
• B) government deficit ratio.
• C) government surplus-to-deficit ratio.
• D) output expenditure equilibrium.

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Definitions:

Mottled

Describes skin that appears blotchy or has varied colors, often indicating poor blood flow or temperature regulation.

Erythema Toxicum Neonatorum

A common harmless skin rash affecting newborns, characterized by red blotches with a white or yellow center, appearing within the first week of life.

Benign

Referring to a condition, tumor, or growth that is not cancerous and does not spread to other parts of the body.

Transient

Something temporary or not lasting; often used in medical contexts to describe conditions that are not permanent.