A Unemployment caused by a decrease in the demand for some goods and services B The equilibrium point is to the left of the full employment point graphically C The inverse of the marginal propensity to consume (MPC) D Total Leakages exceeds Total Injections The Multiplier E The equilibrium point is the same as the full employment point graphically National income equilibrium E Total Injections exceeds Total Leakages Inflationary Gap The equilibrium point is to the right of the full employment point graphically G Structural Unemployment Increases with the increase in the marginal propensity to save (MPS) |Unemployment resulting when workers change their jobs |Increases with the increase in the marginal propensity to consume (MPC) K Total Leakages equals Total Injections Unemployment that appears during the downturn of the business cycle
A Unemployment caused by a decrease in the demand for some goods and services B The equilibrium point is to the left of the full employment point graphically C The inverse of the marginal propensity to consume (MPC) D Total Leakages exceeds Total Injections The Multiplier E The equilibrium point is the same as the full employment point graphically National income equilibrium E Total Injections exceeds Total Leakages Inflationary Gap The equilibrium point is to the right of the full employment point graphically G Structural Unemployment Increases with the increase in the marginal propensity to save (MPS) |Unemployment resulting when workers change their jobs |Increases with the increase in the marginal propensity to consume (MPC) K Total Leakages equals Total Injections Unemployment that appears during the downturn of the business cycle
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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THE MULTIPLIER - J) Increases with the increase in the marginal propensity to consume (MPC)
VIEWNATIONAL INCOME EQUILIBRIUM - K) Total Leakages equals Total Injections
VIEWINFLATIONARY GAP - E)The equilibrium point is to the right of the full employment point graphically
VIEWSTRUCTURAL UNEMPLYEMENT - I) Unemployment resulting when workers change their jobs
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