Assume There Is No Government or Foreign Sector

question 99

Multiple Choice

Assume there is no government or foreign sector. If the multiplier is 5, a $4 billion increase in investment will cause aggregate output to increase by

• A) $125 billion.
• B) $80 billion.
• C) $50 billion.
• D) $20 billion.

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Definitions:

NLRA

The National Labor Relations Act, a foundational statute in United States labor law that protects the rights of employees to engage in collective bargaining and other union activities.

Corporate Campaign

A strategy used by labor unions to put pressure on a company by mobilizing public, financial, and political support to achieve negotiating aims.

NFL Fans

Individuals who enthusiastically follow and support National Football League teams, often showing their loyalty through attending games, watching broadcasts, and purchasing merchandise.

Intermittent Strike

A form of industrial action where employees strike for short periods of time, unpredictably, making it harder for employers to prepare alternative strategies.