The Concept That Increases in Spending Cause Larger Increases in Equilibrium

question 20

Multiple Choice

The concept that increases in spending cause larger increases in equilibrium GDP is known as the

• A)profiler.
• B)mystifier.
• C)multiplier.
• D)depreciator.

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Definitions:

Cancelled Cheques

Cheques that have been processed by the bank, serving as proof that a payment was made.

Segregation of Duties

A risk management practice that divides responsibilities among different individuals or teams to reduce the risk of error or fraud.

Collusion

A secret agreement or cooperation between two or more parties, often for a fraudulent or deceitful purpose, especially to cheat or deceive others.

NSF Cheques

Cheques that have been returned by a bank because the issuer's account does not have enough funds to cover the cheque.