When the Economy's AS Curve Is Positively Sloped,the Multiplier in the AD/AS

question 79

Multiple Choice

When the economy's AS curve is positively sloped,the multiplier in the AD/AS model is

• A)constant.
• B)equal to one.
• C)equal to the simple multiplier.
• D)smaller than the simple multiplier.
• E)larger than the simple multiplier.

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Definitions:

Alloy

A metallic substance made by combining two or more elements, one of which must be a metal, to enhance strength, durability, or other properties.

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