The Multiplier Shows That as ________ Expenditure Changes, Real GDP

question 138

Multiple Choice

The multiplier shows that as ________ expenditure changes, real GDP changes by ________ amount.

• A)autonomous; an even larger
• B)autonomous; the same
• C)induced; the same
• D)induced; an even larger
• E)induced; a smaller

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Definitions:

Ethical Entrepreneurship

The practice of conducting business in a manner that is guided by moral principles and values, aiming to have a positive impact on society and the environment.

Social Problems

Issues that affect many people in a society, often requiring intervention to solve or mitigate.

Tolerance for Ambiguity

The degree to which an individual is comfortable with uncertainty, unpredictability, conflicting directions, and multiple demands.

High Energy Level

A state of having a great amount of physical or mental vitality.