The Multiplier Is the Ratio of the

question 345

Multiple Choice

The multiplier is the ratio of the

• A) change in real GDP to the change in autonomous expenditures.
• B) equilibrium level of real GDP to the change in induced expenditures.
• C) change in induced expenditures to the change in autonomous expenditures.
• D) change in autonomous expenditures to the change in real GDP.

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