Author Question: The simple spending multiplier understates the amount by which output changes. a. True b. False ... (Read 140 times)

stock

  • Hero Member
  • *****
  • Posts: 573
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
Answer to Question 1

False

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Nearly all drugs pass into human breast milk. How often a drug is taken influences the amount of drug that will pass into the milk. Medications taken 30 to 60 minutes before breastfeeding are likely to be at peak blood levels when the baby is nursing.

For a complete list of videos, visit our video library