Which of the Following Quotations Illustrates the Idea of the Multiplier

question 89

Multiple Choice

Which of the following quotations illustrates the idea of the multiplier?

• A)"The new stadium will generate $200 million in spinoff spending."
• B)"Higher expected profits are leading to higher investment spending by business, and will lead to higher consumer spending."
• C)"The projected cuts in government jobs will hurt the local retail industry."
• D)"Taking the grain elevator out of our small town will destroy 300 jobs."
• E)All of the above

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Definitions:

Symbolized

The act of representing ideas, principles, or concepts through symbols, often found in literature, art, and mathematics as a form of expression or communication.

Circle

A simple geometric shape consisting of all points in a plane that are at a given distance from a given point, the center.

Pure Thinking

Refers to the process of thought that is abstract and untainted by personal biases, emotions, or external influences.

Averroes

A medieval Andalusian polymath renowned for his work in philosophy, theology, and law, particularly his commentaries on Aristotle.