The Multiplier Is Calculated as the

question 258

Multiple Choice

The multiplier is calculated as the

• A)change in real GDP / change in autonomous expenditure.
• B)change in autonomous expenditure / change in real GDP.
• C)change in nominal GDP / change in autonomous expenditure.
• D)change in real GDP / change in induced spending.
• E)change in consumption/change in disposable income.

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Definitions:

Smartphones

Smartphones are mobile devices that combine the functionalities of a traditional cell phone with those of other popular electronics, including a computer, in a single device.

System Software

The set of programs that enables a computer’s hardware devices and application software to work together; it includes the operating system and utility programs.

Operating System

Software that manages computer hardware and software resources and provides common services for computer programs.

Trash

A receptacle or area designated for the disposal of waste materials.