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Author Question: If the economy is on the flat part of the AScurve, the multiplier will be (Read 62 times)

Sufayan.ah

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Question 1

________ reaches its peak about 9-12 months after a spending increase began.


◦ Income
◦ The inflation rate
◦ The multiplier
◦ GDP

Question 2

If the economy is on the flat part of the 
AS curve, the multiplier will be


◦ larger than it would be if the economy were on the steep portion of the 
AS curve.
◦ smaller than it would be if the economy were on the steep 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 steep portion of the 
AS curve.


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Marked as best answer by Sufayan.ah on Apr 19, 2019

Dominic

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Dominic

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