Choose the correct match of each of the following economic concepts:A Unemployment caused by a decrease in the demand for some goods and servicesB The equilibrium point is to the left of the full employment point graphicallyC The inverse of the marginal propensity to consume (MPC)D Total Leakages exceeds Total InjectionsThe MultiplierThe equilibrium point is the same as the full employment point graphicallyEv National income equilibriumE Total Injections exceeds Total LeakagesEv Inflationary GapG The equilibrium point is to the right of the full employment point graphicallyStructural 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 InjectionsUnemployment that appears during the downturn of the business cycleA Moving to another question will save this response.« < Question 16ch21°C ClearDELL

The greater the MPC, the greater the multiplier—the greater the rise in consumption from an increase…

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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