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Author Question: The expenditure multiplier explains how a change in A) real GDP leads to a change in autonomous ... (Read 46 times)

Beheh

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on: Jun 29, 2018
The expenditure multiplier explains how a change in
 
  A) real GDP leads to a change in autonomous expenditure.
  B) autonomous expenditure leads to a change in real GDP.
  C) real GDP leads to a change in induced expenditure.
  D) induced expenditure leads to a change in autonomous expenditure.
  E) induced expenditure leads to a change in real GDP.

Question 2

Based on the information in the above table, what is the unemployment rate?
 
  What will be an ideal response?


jjorrostieta

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

The unemployment rate equals (6 million unemployed  139 million labor force)  100 = 4.3 percent.


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