The Multiple by Which an Initial Change in Aggregate Spending

question 91

Multiple Choice

The multiple by which an initial change in aggregate spending will alter total expenditure after an infinite number of spending cycles is the

• A)Business cycle.
• B)GDP gap.
• C)Velocity of money.
• D)Multiplier.

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Definitions:

Tenancy In Common

A form of co-ownership of property in which each party owns an undivided interest that passes to his or her heirs at death.

Real Property

Land and anything permanently attached to it, such as buildings and structures, differentiated from personal property which can be moved.

Personal Property

refers to movable items owned by an individual or corporation, excluding real estate.

Real Property

Refers to land and any permanent structures attached to it, such as buildings or houses.