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Suppose that the federal government increases spending by $1 and aggregate demand increases by more than $1. What is the economic term for this effect? Select one: O A. spending O B. multiplier O C. lake O D. duplicator M2 refers to: Select one: O A. currency plus checkable deposits. O B. currency, checkable deposits, savings deposits, money market mutual funds, and small-time deposits. OC currency. O D. currency plus total reserves held at the Fed.

Suppose that the federal government increases spending by $1 and aggregate demand increases by more than $1. What is the economic term for this effect? Select one: O A. spending O B. multiplier O C. lake O D. duplicator M2 refers to: Select one: O A. currency plus checkable deposits. O B. currency, checkable deposits, savings deposits, money market mutual funds, and small-time deposits. OC currency. O D. currency plus total reserves held at the Fed.

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Suppose that the federal government increases spending by $1 and aggregate demand increases by more than $1. What is the economic term for this effect? Select one: O A. spending O B. multiplier O C. lake O D. duplicator M2 refers to: Select one: O A. currency plus checkable deposits. O B. currency, checkable deposits, savings deposits, money market mutual funds, and small-time deposits. OC. currency. O D. currency plus total reserves held at the Fed.
Transcribed Image Text:Suppose that the federal government increases spending by $1 and aggregate demand increases by more than $1. What is the economic term for this effect? Select one: O A. spending O B. multiplier O C. lake O D. duplicator M2 refers to: Select one: O A. currency plus checkable deposits. O B. currency, checkable deposits, savings deposits, money market mutual funds, and small-time deposits. OC. currency. O D. currency plus total reserves held at the Fed.
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