Because of the multiplier, a one-time change in expenditure will generate more additional real GDP than the initial change in expenditure * True O False If the consumption function lies above the 45-degree line, then saving at these levels of disposable income will be positive * O True False
Because of the multiplier, a one-time change in expenditure will generate more additional real GDP than the initial change in expenditure * True O False If the consumption function lies above the 45-degree line, then saving at these levels of disposable income will be positive * O True False
Chapter9: Aggregate Demand
Section: Chapter Questions
Problem 1.1P
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Question
![Chapters 8 & 10 Asses X
FAIPQLSCOCJPF-ZgZljGhgOrg9G0at6VZHrVrtveBGSlulokla hw/formResponse
Because of the multiplier, a one-time change in expenditure will generate more
additional real GDP than the initial change in expenditure*
O True
False
If the consumption function lies above the 45-degree line, then saving at these
levels of disposable income will be positive *
O True
O False
The clonn of:](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe1aea42b-0972-4e8a-a8fe-5388d40c2ea8%2F34708692-891a-4a10-9c6b-7b7868297840%2Fh65lzce_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Chapters 8 & 10 Asses X
FAIPQLSCOCJPF-ZgZljGhgOrg9G0at6VZHrVrtveBGSlulokla hw/formResponse
Because of the multiplier, a one-time change in expenditure will generate more
additional real GDP than the initial change in expenditure*
O True
False
If the consumption function lies above the 45-degree line, then saving at these
levels of disposable income will be positive *
O True
O False
The clonn of:
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