The Multiplier Effect Is Triggered by a Shift in the Aggregate

question 134

True/False

The multiplier effect is triggered by a shift in the aggregate expenditures curve.

---

Definitions:

Sales Discounts

Refers to reductions from the listed price of goods or services, offered by sellers to buyers, typically as an incentive or reward.

Accounts Payable

Amounts a company owes to creditors for goods or services bought on credit.

General Journal

A primary accounting record used to keep track of all financial transactions, listed in chronological order.

Overcharge Creditor

The act of charging a creditor more than the agreed amount or more than the fair price for goods or services.