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22-04-2020
Mathematics

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A multiplier is the amount by which a change in any component of ___ is magnified or multiplied to determine the change in _ and ___ that it generates.

Respuesta :

25-04-2020

Answer:

Autonomous Expenditure ; Equilibrium expenditure ; Real GDP

Step-by-step explanation:

A multiplier is the amount by which a change in any component of Autonomous Expenditure is magnified or multiplied to determine the change in Equilibrium Expenditure and Real GDP that it generates.

Multiplier = Change in Equilibrium Expenditure of Real GDP

Change in autonomous expenditures

(government expenditure, autonomous taxes)

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