The simple spending multiplier understates the amount by which output changes. a. True b. False ...

Author Question: The simple spending multiplier understates the amount by which output changes. a. True b. False ... (Read 121 times)

stock

Hero Member
Posts: 573

on: Jun 30, 2018

The simple spending multiplier understates the amount by which output changes.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Real gross domestic product (GDP) shows:
a. total spending on intermediate goods and services.
b. constant dollar GDP.
c. net domestic product.
d. nominal GDP adjusted for taxes.
e. domestic income.

enass

Sr. Member
Posts: 380

Reply #1 on: Jun 30, 2018

Answer to Question 1

False

Answer to Question 2

b

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stock

Hero Member
Posts: 573

Reply #2 on: Jun 30, 2018

Thank you

enass

Sr. Member
Posts: 380

Reply #3 on: Jun 30, 2018

Happy to help you

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