The Effect of a One-Unit Increase in Autonomous Expenditure on Short-Run

question 28

Multiple Choice

The effect of a one-unit increase in autonomous expenditure on short-run equilibrium output is called:

• A) the marginal propensity to consume.
• B) average labor productivity.
• C) Okun's law.
• D) the income-expenditure multiplier.

Calculate the nominal rate of interest based on compounding periods.

Analyze and calculate the rate of return on different types of investment vehicles.

Understand how to calculate time until bond maturity using compound interest and bond purchase details.

Calculate the effective payment date considering the time value of money with different compounding periods.