FIGURE 23-3 Refer to Figure 23-3

question 60

Multiple Choice

FIGURE 23-3 Refer to Figure 23-3.Which of the following statements correctly describes the difference between the multipliers (in response to an increase in autonomous expenditure) in Economy A and Economy B? The multiplier in Economy A is ________ while the multiplier in Economy B is ________.

• A)very small; equal to one
• B)very small; equal to the simple multiplier
• C)equal to the simple multiplier; almost zero
• D)equal to one; almost zero
• E)equal to one; equal to the simple multiplier

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Definitions:

Creative Thinking

The ability to think about a task or problem in a new or different way, or to use imagination to generate new ideas.

Solutions

Refers to methods or strategies used to solve problems or achieve desired outcomes.

Novel

New or unique, often used to describe something that has not been seen, done, or experienced before.

Creative Problem-solving

A method of addressing challenges in innovative ways that involves critical thinking and the synthesis of new solutions.