The larger the mpc the the income expenditure multiplier and the the effect of

The larger the mpc the the income expenditure

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98.The larger the mpc, the ____ the income-expenditure multiplier and the ____ the effect of a change in autonomous spending on short-run equilibrium output. A. larger; larger B. larger; smaller C. smaller; smaller D. smaller; larger
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99.The smaller the mpc, the ____ the income-expenditure multiplier and the ____ the effect of a change in autonomous spending on short-run equilibrium output.
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100.The income-expenditure multiplier leads to greater than one-for-one changes in output when autonomous spending changes because: changes in spending. banking.
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101.In the Keynesian model, a $5 billion increase in autonomous consumption leads to ______ in short-run equilibrium output.
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102.In the Keynesian model, a $15 billion decrease in autonomous planned investment leads to ______ in short-run equilibrium output. A. a $15 billion increaseB. a greater than $15 billion decreaseC. no changeD. a $15 billion decrease
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103.The income-expenditure multiplier arises because one person's additional spending becomes another person's additional income that will generate additional:
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104.Government policies that are used to affect planned aggregate expenditure, with the objective of eliminating output gaps, are called _____ policies.
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105.Government policy actions intended to increase planned spending and output are called _____ policies.
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106.Expansionary policies are government stabilization policy actions intended to increase: A. population. B. inflation. C. average labor productivity. D. planned spending.
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107.Contractionary policies are government stabilization policy actions intended to decrease:
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108.In the short-run Keynesian model, to close a recessionary gap of $2 billion dollars government purchases must be:
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