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Author Question: If the economy is on the steep part of the AScurve, the multiplier will be (Read 69 times)

Starlight

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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.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Starlight on Apr 19, 2019

234sdffa

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Reply #1 on: Apr 19, 2019
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Starlight

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Reply 2 on: Apr 19, 2019
Wow, this really help

ecabral0

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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