If a $10 Increase in Government Expenditure Produces a Change

question 79

Multiple Choice

If a $10 increase in government expenditure produces a change of $17 in GDP,the value of the government expenditure multiplier is ________.

• A) 1.7
• B) 7
• C) 27
• D) 170

---

Definitions:

Stakeholder Social Responsibility

The duty and ethical obligation of an organization to consider and respond to the needs and interests of its stakeholders, including customers, employees, and the wider community.

Social Responsibility

The practice of acting ethically while understanding your actions are part of the larger, interactive picture of your workplace, community, and world.

Corporate Responsibility

The ethical obligation of a company to act in ways that benefit society and the environment, beyond its business interests.

Profit Margin

A financial metric indicating the percentage of revenue that exceeds the costs of goods sold, representing the portion of sales that turns into profit.