The Simple Multiplier,which Applies to Short-Run Situations in Which the Price

question 139

Multiple Choice

The simple multiplier,which applies to short-run situations in which the price level is constant,describes changes in

• A)investment induced by changes in equilibrium income.
• B)saving caused by changes in investment.
• C)the equilibrium level of national income caused by changes in autonomous expenditure.
• D)the rate of interest caused by increased demand for credit.
• E)employment induced by changes in equilibrium income.

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The act of finishing a specific job or assignment, marking the end of the required effort or work.

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Internal impulse that causes a person to take action.

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A brand of auto-injector that delivers a dose of epinephrine, commonly used to treat severe allergic reactions (anaphylaxis).

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Immunological responses to certain foods, causing adverse health effects upon exposure.