The Difference in the Influence of a Multiplier Between the Short

question 94

Multiple Choice

The difference in the influence of a multiplier between the short run and the long run is that

• A)the multiplier effect is larger in the long run.
• B)the multiplier effect is zero in the long run.
• C)the multiplier effect is zero in the short run.
• D)there is no multiplier effect in the short run.
• E)the multiplier effect depends on potential GDP in the long run.

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Definitions:

Image Replacement Document

A document that substitutes for the original through the use of photographs or scanned copies, often used when the original is lost or inaccessible.

Substitute Check

A paper reproduction of both sides of an original check that can be processed electronically.

Obligated To Pay

Having a legal or moral responsibility to make a payment or settle a debt.

Float Time

The period between when a check is deposited in a bank account and when the amount is credited, reflecting processing time.