The Practical Significance of the Multiplier Is That It

question 87

Multiple Choice

The practical significance of the multiplier is that it:

• A)brings about an equality of planned investment and saving.
• B)magnifies relatively small initial changes in spending into larger changes in GDP.
• C)keeps inflation within tolerable limits.
• D)helps to stabilize the economy.

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Definitions:

Shipping Option

Various methods and services provided by carriers for transporting goods from one location to another, differing in speed, cost, and handling requirements.

Factor Weighting Technique

A multi-criteria decision-making method that involves assigning different weights to various factors or attributes to rank or evaluate options.

Armchairs

Comfortable, upholstered chairs with side supports for a person's arms.

Name Brand Value

The perceived value added to a product or service by its brand name, which can influence customer choice.