The multiplier is greater than 1 because
A. most households are unable to save.
B. household spending exceeds income.
C. one personʹs spending becomes anotherʹs income.
D. corporate spending exceeds corporate income.
Answer:C
The multiplier is greater than 1 because
A. most households are unable to save. B. household spending exceeds income. C. one personʹs spending becomes anotherʹs income. D. corporate spending exceeds corporate income.