The Multiplier Is Greater Than 1 Because the Change in Autonomous

question 155

Multiple Choice

The multiplier is greater than 1 because the change in autonomous expenditure leads to _ .

• A) more saving
• B) more induced expenditure
• C) less consumption expenditure
• D) more investment

---

Definitions:

Unilateral Contract

A contract in which one party makes a promise in exchange for an act by the other party, becoming binding only when the act is completed.

Implied

Suggested or understood without being directly stated.

Intent

The purpose or mindset with which an individual acts, often relevant in determining the legal implications of their actions.

Express Contract

A contract where the terms and conditions are clearly stated and agreed upon by all parties involved, either verbally or in writing.