The multiplier is the amount by which ________ is multiplied to determine ________.
A. autonomous expenditure; real GDP
B. induced expenditure; real GDP
C. a change in autonomous expenditure; the change in equilibrium expenditure
D. a change in induced expenditure; the change in equilibrium expenditure
Answer:C
The multiplier is the amount by which ________ is multiplied to determine ________.
A. autonomous expenditure; real GDP B. induced expenditure; real GDP C. a change in autonomous expenditure; the change in equilibrium expenditure D. a change in induced expenditure; the change in equilibrium expenditure