The Multiplier Is Calculated as the Change in ________ Divided

question 180

Multiple Choice

The multiplier is calculated as the change in ________ divided by the change in ________.

• A)real GDP; autonomous expenditure
• B)autonomous expenditure; real GDP
• C)nominal GDP; autonomous expenditure
• D)real GDP; induced spending

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Definitions:

Whey

The liquid remaining after milk has been curdled and strained, often used in food products or as a dietary supplement.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given time period.

Curds

A dairy product obtained by coagulating milk in a cheese-making process, known for their mild flavor and soft texture.

Whey

A by-product of cheese production, consisting of the liquid remaining after milk has been curdled and strained; rich in protein and used in dietary supplements and food products.