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Author Question: The multiplier is the ratio of the change in ________ to a change in ________. (Read 60 times)

Marty

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Question 1

Related to the 
Economics in Practice on p. 476: According to the "paradox of thrift," increased efforts to save will cause a(n)


◦ increase in income and an increase in overall saving.
◦ increase in income but no overall change in saving.
◦ decrease in income and an overall decrease in saving.
◦ decrease in income but an increase in saving.

Question 2

The multiplier is the ratio of the change in ________ to a change in ________.


◦ the 
MPC; the 
MPS
◦ the equilibrium level of output; some autonomous variable
◦ the level of saving; the level of consumption
◦ autonomous consumption; induced consumption


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Marked as best answer by Marty on Apr 19, 2019

ryansturges

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Marty

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Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


amcvicar

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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