The Various Studies of the Size of the Fiscal Multiplier

question 152

Multiple Choice

The various studies of the size of the fiscal multiplier by different economists suggest

• A) general agreement that the fiscal multiplier value is relatively high.
• B) general agreement that the fiscal multiplier value has a range between 0.8 and 1.2.
• C) general agreement that the fiscal multiplier value is zero.
• D) there is a wide range of opinion on the size of the fiscal multiplier.

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Definitions:

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The inability to fulfill any condition or duty stipulated in a contract, agreement, or obligation due to the absence of a valid legal justification.

Enforceable

Capable of being executed or imposed as per law or agreement.

Verbal Offer

An offer made in spoken form rather than in writing, which may be binding depending on the context and jurisdiction.

Breach of Contract

Not adhering to any provision of a contract, both in written form or orally, without a legal rationale.