This topic contains a solution. Click here to go to the answer

Author Question: All of the following are true statements about the multiplier except A) the multiplier effect ... (Read 65 times)

casperchen82

  • Hero Member
  • *****
  • Posts: 540
All of the following are true statements about the multiplier except
 
  A) the multiplier effect occurs when autonomous expenditure changes.
  B) the multiplier is a value between zero and one.
  C) the smaller the MPS, the larger the multiplier.
  D) the multiplier rises as the MPC rises.

Question 2

Refer to Figure 24-4. Given the economy is at point A in year 1, what will happen to the unemployment rate in year 2?
 
  A) It will rise. B) It will remain constant.
  C) It will fall. D) not enough information to answer the question



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

karlss

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

B

Answer to Question 2

A




casperchen82

  • Member
  • Posts: 540
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


mcabuhat

  • Member
  • Posts: 344
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

In inpatient settings, adverse drug events account for an estimated one in three of all hospital adverse events. They affect approximately 2 million hospital stays every year, and prolong hospital stays by between one and five days.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

For a complete list of videos, visit our video library