The Income-Expenditure Multiplier Is the Effect of a One-Unit Increase

question 80

Multiple Choice

The income-expenditure multiplier is the effect of a one-unit increase in

• A) disposable income on consumption.
• B) disposable income on short-run equilibrium output.
• C) autonomous planned aggregate expenditure on short-run equilibrium output.
• D) autonomous planned aggregate expenditure on the output gap.
• E) unplanned inventory investment on autonomous planned aggregate expenditurE.

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Confidence

The degree to which one can feel assured about an estimate, prediction, or result, often quantified in statistical analysis as a confidence interval.

Winnings

The amount of money or prizes won in a game, lottery, or other competition.

Education

Education is the systematic process of facilitating learning, or the acquisition of knowledge, skills, values, beliefs, and habits through various forms such as teaching, training, storytelling, discussion, and directed research.

Years

A term referring to the span of time equivalent to 365 days or 12 months, typically used in the context of age, experience, or historical periods.