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bedau bedau
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Posts: 986
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6 years ago
A $1 increase in autonomous spending has a multiplier effect greater than one on total expenditures and output because
A) each expenditure is respent in the same amount continuously.
B) overtime expenditures tend to increase.
C) total expenditures include autonomous expenditures.
D) each time an expenditure occurs the recipient respends a proportion of the funds.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
Read 67 times
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thecromthecrom
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6 years ago
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bedau Author
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5 years ago
c'est magnifique !
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