Assuming the Multiplier Effect but No Crowding-Out or Investment-Accelerator Effects,what

question 170

Multiple Choice

Assuming the multiplier effect but no crowding-out or investment-accelerator effects,what is the effect of a $400 billion increase in government expenditures on the aggregate demand?

• A) It shifts the aggregate demand right by more than $400 billion.
• B) It shifts the aggregate demand right by less than $400 billion.
• C) It shifts the aggregate demand left by more than $400 billion
• D) It shifts the aggregate demand left by less than $400 billion.

Identify the significance of discussing legal fees upfront with a lawyer.

Know the regulatory role of provincial law societies in the legal profession.

Understand the different bases on which lawyers may bill their fees.

Appreciate the conditions and implications of contingency fee agreements.