Author Question: If the economy is on the steep part of the AScurve, the multiplier will be (Read 45 times)

Starlight · **on:** Apr 19, 2019

Question 1

The multiplier reaches its peak about ________ months after a spending increase began.

◦ 3
◦ 6 to 9
◦ 9 to 12
◦ 12 to 15

Question 2

If the economy is on the steep part of the
AS curve, the multiplier will be

◦ larger than it would be if the economy were on the flat portion of the
AS curve.
◦ smaller than it would be if the economy were on the flat portion of the
AS curve.
◦ constant regardless of where the economy is on the
AS curve.
◦ infinite, as compared to zero if the economy is on the flat portion of the
AS curve.

234sdffa · **Reply #1 on:** Apr 19, 2019

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