Consider the Simplest Macro Model with Demand- Determined Output

question 40

Multiple Choice

Consider the simplest macro model with demand- determined output. Other things being equal, the the value of the simple multiplier, the stable is real GDP in response to shocks to autonomous spending

• A)smaller; less
• B)larger; less
• C)smaller; more
• D)both B and C are correct
• E)larger; more

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