The Ratio of the Increase in ________ to the Increase

question 67

Multiple Choice

The ratio of the increase in ________ to the increase in ________ is called the multiplier.

• A)equilibrium nominal GDP; autonomous expenditure
• B)equilibrium real GDP; autonomous expenditure
• C)autonomous expenditure; equilibrium real GDP
• D)induced expenditure; equilibrium real GDP

---

Definitions:

Moral Panic

A widespread feeling of fear, often an irrational one, that some evil threatens the well-being of society.

Moral Panics

Intense public anxiety or alarm in response to a perceived threat from a person or group believed to challenge societal norms or values, often disproportionate to the actual threat.

Policy Making

The process of developing and implementing decisions by authorities or governments that are intended to influence or guide social, economic, and political matters within a society.

Empirical Data

Information obtained through observation or experimentation that can be measured or quantified.