If autonomous spending decreases, then
A) the expenditure multiplier means that equilibrium expenditure increases by a larger amount.
B) the expenditure multiplier means that equilibrium expenditure increases by a smaller amount.
C) equilibrium expenditure does not change.
D) the expenditure multiplier means that equilibrium expenditure decreases by a larger amount.
E) equilibrium expenditure decreases by the same amount.
Question 2
The uncertainty costs of inflation cause people to
A) incur more shoe leather costs.
B) increase their demand for money.
C) focus on the long run, which increases investment and speeds growth.
D) focus on the short run, which decreases investment and slows growth.
E) increase investment causing economic growth to decrease.
A comparison of gradualism and punctuated equilibrium.
Atmospheric pressure decreases with increase in altitude.
Growth of Government Spending, 1870–2009
What will be the pH of the solution once equilibrium is established?
The Hardy–Weinberg equilibrium for autosomal genes
Application of the Hardy–Weinberg equilibrium