Por capita outpat will growt The popular The gree of paper pe ging Output his enactly hoping so wipop goed 4 Bof the pop

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Por Capita Outpat Will Growt The Popular The Gree Of Paper Pe Ging Output His Enactly Hoping So Wipop Goed 4 Bof The Pop 1 (23.15 KiB) Viewed 9 times

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Por capita outpat will growt The popular The gree of paper pe ging Output his enactly hoping so wipop goed 4 Bof the population and opt we proving The pevernment spending matipler show The of the change in gitt spending h. The ratio of the change in quibu The wood by which govem dow govermend pending the com pend 18. The tax multiple a The ratio of a change in the epoldene level A gative multiplier Not the se 4. All of the shoe emai champ 11. Automatic stabes refere daty policy Dictionary blahet dock market mechanis by lo Overn revenue and expendine m wally 12. The balanced-badget per has a final N SAT (MPC) AT(-MPCMPS) 401-MPS) 13. When the aggregate price lesel increases a. Other prices and income remain fixad Aligher interest rate causes appre The agegee quantity of output donandad (7) All of the above LAAS 400 700 800 the wing stats characteris is the price level m change in een pland event dangi pending changes in the level of p donne in regi deg under obedil changes in comune. o equilibriam income qual 14. Hefer to the above Fipere Which outpat level of $800 A hits cistable in the short dih can be shared only if i 15. Refer to the above Figurs. The output leval of 5790 is called trus tingus piliin L 4 puntil ly
8. Per capita output will not grow if: The population is not growing. a. b. The growth rate of output per person increases. c. Output growth is exactly keeping up with population growth. d. Both the population and output are growing 9. The government spending multiplier shows: a. The ratio of the change in government spending to a change in autonomous planned investment b. The ratio of the change in equilibrium output to an initial change in government spending c. The amount by which government spending changes with changes in the level of output d. How government spending is one of those variables that does not change in response to changes in the economy 10. The tax multiplier is: a. The ratio of a change in the equilibrium level of output to a change in taxes b. A negative multiplier c. Not the same as the multiplier for a change in government spending d. All of the above 11. Automatic stabilizers refer to: a. Discretionary monetary policy maneuvers that keep inflation automatically under control b. Inherent stock market mechanisms that automatically cause stock market gains to be cancelled out by losses c. Government revenue and expenditure items that automatically change with changes in economic activity d. Invisible hand mechanisms that automatically bring the economy out of a recession 12. The balanced-budget multiplier has a final impact on equilibrium income equal to: a. AG b. AT* (MPC) c. AT * (-MPC/MPS) d. AG* (1-MPS) 13. When the aggregate price level increases, a. Other prices and income remain fixed. b. A higher interest rate causes aggregate output to fall. c. The aggregate quantity of output demanded (Y) also increases. d. All of the above