Economists Refer to the Series of Induced Increases in Consumption

question 266

Multiple Choice

Economists refer to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures as the ________ effect.

• A)multiplier
• B)expenditure
• C)consumption
• D)aggregate demand

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Definitions:

Transportation Problem

A type of optimization and allocation problem in which goods are to be delivered from several suppliers to several consumers at the lowest cost.

Filled Cells

In spreadsheet or database management, this refers to cells that have data entered in them, as opposed to being blank.

Sources

Refers to the origins or starting points from which something is obtained or derived.

Destinations

The end points of a journey or the targets where goods, services, or communications are directed or delivered.