The Multiplier Is Calculated as the Change in ________

question 286

Multiple Choice

The multiplier is calculated as the change in ________ / change in ________.

• A)real GDP; autonomous expenditure
• B)autonomous expenditure; real GDP
• C)nominal GDP; autonomous expenditure
• D)real GDP; induced spending
• E)consumption spending; disposable income

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Definitions:

Achieve Target

The act of successfully reaching or accomplishing specific goals or objectives that have been set.

Consensus Decision

A group decision-making process that seeks unanimous agreement among all participants.

Team Members

Individuals who belong to a group working together towards a common goal, sharing responsibilities, and contributing their skills and efforts.

Optimum Achievement

Achieving the best or most favorable outcome within given constraints or conditions.