If the Change in Autonomous Investment Equals $1 Trillion and the Change

question 458

True/False

If the change in autonomous investment equals $1 trillion and the change in real GDP equals $4 trillion, the multiplier equals 1/4.

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Definitions:

Significant Others

Individuals who have a significant influence on one's life, often a partner, family member, or close friend.

Perceived Behavioral Control

An individual’s beliefs about whether he or she can actually perform the behavior in question.

Attitude-Behavior Consistency

The extent to which an individual's attitudes are reflected in their actual behaviors.

Abstract Concept

An idea that does not have a physical form or is not concretely observable.