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Use Microsoft as the company.
the multiplier is probably equal to one.
the multiplier is probably less than one.
the multiplier is probably zero.
the multiplier is probably greater than one.
is the least important reason, in the case of the United States, for the downward slope of the aggregate-demand curve.
depends on the idea that decreases in interest rates increase the quantity of goods and services demanded.
is responsible for the downward slope of the money-demand curve.
depends on the idea that decreases in interest rates decrease the quantity of goods and services demanded.
A. Inversely on the level of disposable income
B. Directly on the level of disposable income
C. Inversely on the level of saving
D. Directly on the rate of interest
calculate the level of autonomuous expenditure,equilibrium income,consumption ,total taxes and multiplier
The GDP deflator is not suitable as a measure of household inflation because,
a) it does not include intermediate goods
b) it does not include primary products
c) it does not include changes to the prices of imported final goods
d) it focuses on the costs of production, not costs of consumer goods
e) GDP is used to measure household welfare
Decrease government spending
Lower transfer payments
Index (GDP deflator)
(ii) Between Year 1 and Year 2, the price level has___ increased/decreased by ____%
spending of $100 billion. Suppose the multiplier is 1.5 and the economy’s real GDP is $5,000 billion.
A. In which direction will the aggregate demand curve shift and by how much?
B. Explain using a graph why the change in real GDP is likely to be smaller than the shift in the
aggregate demand curve